I would like to propose the dropping of the word 'beater'. One person's beater is another person's grail watch. I suspect what is meant when people use the word is that: "I have very good watches and I have ones that are less important and that I can throw around a bit".
I also have concerns about the idea of a 'tool' watch, but let's leave that for the moment, huh?
I am intrigued by the need that some people have to classify watches and arrange them in heirarchies. With respect, could this be a dick size problem?