I would say it is an homage with an ETA clone movement.
Who would mod a Rolex or an Omega? Although I have seen Rolex with PVD coating and new ceramic insert. I have several Rolex and vintage Tudor and I would never consider modding them.
Seiko SKX007 (or 009) and Invicta 8926 are perfect tool watches for those who like customizing what they are wearing and love unbranded items. I suggest to browse through Jake Bourdeau website (http://dagazwatch.com/
) ou Harry Ng's web pages (http://s161.photobucket.com/user/yoboki ... all&page=1
There are no limits to modding! Please, let's remember that 90% of their dials are with no name and no logo....