I picked up the Tudor Black Bay in burgundy today from a local dealer. Paid a bit more than I would have if I had purchased online, but it was good to be able to try it on first, I didn't have to wait for it, the warranty makes me feel more comfortable with the purchase, and the dealer sized the bracelet for me several times until I was comfortable. Not sure if that warrants several hundred dollars, but whatever.
Although I like the look of the distressed leather strap better than the bracelet, the strap looked sort of cheap in person. It was clear that the leather was bonded and it looked "loose" in spots. I actually inquired about purchasing the strap separately, and the dealer quoted me $300 for the strap and another $300 for the Tudor deployment clasp! He actually recommended I don't purchase the strap due to the ridiculous cost, and I appreciated the honesty. I figure I can buy a similar strap made from better leather for significantly less than that down the road, and I think the bracelet is more versatile anyways.
In any case, I love the watch and I couldn't be happier!