I found this while going through the commentary in the archives of a webcomic I read (here, in case you're interested), and had to say, "Wow, that's an extravagant timepiece."
I mean, really. It took at least (according to news items and suchlike) 500,000 pounds and seven years to develop. And (according to said news items) it's only accurate once every five minutes. And it's plated in gold and has a giant mutant mechanical grasshopper sitting on it.
On the plus side, its bank of LEDs are supposed to run on the same amount of electricity as a single incandescent light bulb.