I really tend to swing both ways - Original and Homage.
I am not embarrassed to admit I own a few "homage" watches and I am happy for what they are and what they bring me in pleasure. It is personal.
It is not always a money thing but there is a serious amount of snobism and hipocrates out there that always have something negative to say about commemoratives watches.
I say it is like someone who buys a porsche speedster "replica" car. It is probably made to the same exacting standards as the original one and by real craftsman. Because you cant go to porsche speedster today you find a solution to meet your need.
It is not about walking around wearing a fake rollies with all the brands and markings copied to fool or fraud people. It is the pleasure of ownership of something from a bygone time. No fake brands or markings.