Well, not exactly. Fans of Leica cameras now have another object to drool over, this one from a collaboration with a small boutique Swiss watchmaker, Valbray, the EL1. Valbray has been making their Oculus Chronograph which uses a unique iris diaphragm to hide the chronograph functions from view when not in use. There are several variations on the watch already in production, all in limited numbers, and all with variations on colors and materials.