Are Genuine Brands Finally Afraid of Replica Watches

NZZ Online has an article on Watchmakers Sound The Alarm on Fake Watches. They mention a loss of over $600 million each year. The floodgates may already be too open to be closed. I predict that 2007 will have the most accurate and most difficult to spot replica watches than any previous year. Volume may be down but the damage to the genuine watch brands will increase as the differences between the fake watches and the genuine watches continue to decrease.