it's been out for at least 3 years~ I got one since november 2004
it's really a good watch. reliable movement, attractive design.
i suggest you just go for it. for a watch, i don't think newer is bound to be better, unless you really want it, and your budget allows it. then i tell you what, get yourself a GRAND CARRERA!
it's a tachymeter chronograph. GMT is also out there. black & white faces for both