I'm going to say this like you are talking about your first Rolex-- if it isn't -- excuse me. This sounds like fairly typical, "needs service" trouble. If you have a local watch tech who can look at it, he might be able to make a minor adjustment, and you could be good for a few years. If the watch was serviced in 2007, every AD I've ever been to will tell you "it needs service". Doesn't matter what is wrong, and most of them don't have anyone inhouse to really look at it. They just mail it to RSC.
The nice thing about that is that RSC does great work, but you'll be down $550.
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