The first one by a long shot, 7s26b auto >>> quartz, and all other features are comparable. You'll be pleasantly surprised at the bang for the buck with a seiko 5.
Also, lol @ the Movado & U-boat suggestions. Those brands are a joke to any serious watch enthusiast.
This coming from the guy who probably wears a $100 Fossil purchased at Macys. I'll agree that U-Boat is a brand that people either love or hate but I certainly wouldn't call it a joke, let alone group it with Movado. As a U-Boat owner and watch enthusiast the U Boats produced today have moved from a fashion piece to a quality time piece. Current U Boats are made with high quality sapphire crystal, handmade and great quality italian leather straps, and feature automatic movement (Many of their more expensive pieces feature exotic materials found in other high end brands like titanium, gold, black titanium, and sterling silver).Im sure you'll say it's just a basic ETA movement (other high end brands like Bell & Ross and Panerai use basic ETA movements also--would you call them a joke?) nonetheless it's a a great movement and I have yet to have any problems with it. For what they offer and their current price point (I got my classico from my AD for around $1800) it's a great watch to buy as one of your first higher end time pieces. Of course they are not going to be as sophisticated as an Omega or Panerai but you are going to have to spend 4k+ for either of those.
I think it's quite an overstatement to say U-Boats are a joke considering the popularity they are gaining and the materials used to make them. Every time I wear mine I constantly get compliments and am asked about it (it's a great conversation piece). I'll bet that someone wearing a UBoat will get a lot more compliments than someone wearing a Seiko. However, you are entitled to your opinion but, like I said before, one should buy a watch because they like it--as they will be the one wearing it all the time. I love my U Boat and am happy to wear it and it works great for many occasions.
It is also worth mentioning that UBoat doesn't spend any money on advertising or marketing and rely solely on people seeing their watches in boutiques or others wearing them to drive sales. Despite that they are a fast growing brand all over the world and have attracted the likes of Stallone, Schwarzenegger, and Tom Cruise. Arnold Schwarzenegger is well known watch enthusiast, owning many rare and expensive pieces, (PAM 341 Radiomir Egiziano worth about 40k and countless Audemar Piguets many of which were made just for him) and he wears U-Boat all the time. In fact, at Basel World 2012 Italo Fontana presented him with a titanium u-42.