U-Boat Thousands of Feet - All Show, No Go

The U-Boat "Thousands of Feet" certainly looks butch, bad-ass, and generally extreme. And the specs seem promising at first:

• Unitas 6497, same movement used in the classic Panerai 111 diver.
• 50 mm diameter. BIG. Should be enough steel to make this thing bomb proof.
• ~$3000 street price. Definitely enough funds to pay for some good engineering.
  

Maybe the design is a little too-too much, but I can respect some horological steel-hewn machoness if it delivers the goods. But then you get to this:

• Water Resistance: 100 meters

WHAT??!! You're telling me that ginormous, relatively pricey, Hummer of a watch has a pansy-ass 100m water resistance? 100 meters isn't even one thousand feet, let alone thousandS, plural. With the name Thousands of Feet, you'd expect at least 300m water resistance, and that's if they're being very liberal in their definition. 600m would at least make the name credible.

Perhaps it should have been named the U-Boat "Poseur". How do you say that in Italian?