YES swatch's are VERY good value watches. To prove my point, take a look at all of the watches that the Swatch Group makes:
Breguet, Harry Winston, BLANCPAIN, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Balmain, Certina, Mido, Hamilton, Calvin...