i once actually saw a no name MR pocket watch in an obscure shop, i forget where. was very affordable, and had a very pretty chime. but i was really young and flat broke at the time. i think it was before i even had any credit cards.
but srsly, the perrelet brand has a very rich history, but its a revival brand. it was dormant for a very long time until the present ownership (i forget who) bought the rights and starting making watches again.
i dont know a whole lot about their current models. they do make some very pretty pieces, but id favor the IWC. if you dont want to or cant get to the IWC, i imagine there might be some better options in whatever price range you are looking to stick to.
then again, if you love the watch, there is much to be said for that. but since you only said "it caught your eye" i gather its not something you are head over heels in love with.