I like that Omega are happy to do this, I think it shows they don't take themselves too seriously, compared to say Rolex.
It also maybe helps that every interaction I've had with Omega sales people have been great, and every interaction with a Rolex sales person has been bad to awful.
My replica Moonswatches cost $25US, looks fairly spiffy, hint at space history, are super lightweight, and keep time. I have a handful of nice watches but I have come to appreciate the combo of comfort / cheap / cheeky.
I also bought a fantasy Moonswatch based on a Japanese render artist's interpretation of Omega's "dark side of the moon" watch. It's a copy of a copy of a copy of a copy! (Moonwatch > dark side > swatch > render > rep.) As a designer of hardware products I think it's a super fun piece of commentary on modern branding and manufacturing.
That said, I don't believe that the fact that Swatch owned Omega and Blancpain was known outside watch nerd circles until very recently.