What makes a watch cheap, and what makes it inexpensive? In both cases, the watch itself has to be sold at a low price point, but the former only has that going for it, while the latter offers something else, a deign, a point of interest, some reason to like the watch other than the price. The Twigs Woodwear Natural Time is an inexpensive watch, not necessarily a cheap one. At $50 or less, it hits a low price point, but it offers something back in the way of the materials of construction.