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No does not have a inhouse movement, but a slightly modified Unitas pocket watch movement. Now, the advatage to that is that it is a very common movement and any watchmaker could service/repair. But, as with any Panerai watches with this movement, you are paying a significant portion of the watch price for the Brand name and the case, as the movement itself is less than $100. The 0000 is not that hard to find for sale, just have to look around as MFER stated. Personally, I would say go for a 176 over the 0000, as I do like the see through back and titanium case better.
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