O-Ring, version 2.0
[ Shameless product plug/thing I like disclaimer ]
Here's a new stainless-steel (and significantly-heavier) upgrade from the previous white rubberized version I had; while I quite enjoyed the first one, the strap was grey and was falling apart around the metal face within a year of purchase. I think that part wasn't terribly well thought-out.
I've always seemed to have a thing for rather-goofy, unique watches. I recently hit Fossil's site by accident and noticed they had a new metal version out, and I couldn't resist.
The hour is shown as a digit in its expected position, and the minutes circle around as dark LCD segments.