I feel the same way as kolecho on the lugs issue, and I've said as much here previously. WarrenG recently bought the bigger version and for the record I think it looks great on his wrist.
But akatsuki raises another valid point: some people want a submariner as a toolwatch/diver, as a diver first and foremost, to look big and badass. I on the other hand want it as a multipurpose watch, and as expected I lean pretty much the way he says I should.
When you say the 5513 has a matte dial, are you referring to the fact the 16040m has white gold surrounds on the dial markers or something more?