Sherry,
Great watch! I like the 5408-2 with the simpler style lugs. This was my very first Pulsar and it's still one of my all time favorites. It's a very comfortable, wearable watch with great simple, understated styling, I think. Mine has a sapphire crystal, which I like. This Pulsar Dress model tends to be a bit underrated, in my opinion. The styling is a bit out of sync with today's fashions, but I think it's great.
My mom wears a Dress 5408-1 (with the other style of lugs) 90% of the time even though she has a half dozen other Pulsars and roughly a bazillion Swatches that she could wear.
Thanks for the photo of the 5408 on a leather band - is that an original Pulsar leather band? I was thinking of getting a leather one from Greg Ratcliff to complement the comfortable mesh bracelet.
-abe.