I have always been a fan of the Diver series, and still enjoy the original dimpled dials. But these waves work well for me, and add an interesting depth to the dial. What really seduces me on this particular dial are the shape of the hour markers, which UN has only used on a few models. They're awesome.
Funny you mention the waves; an hour ago as I was staring at the dial and wondered if it would be cool to have a skeletal look with only the waves showing, and everything else opened up. Kind of a more modern rendition of the Surf series.