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Supposably no issues with the orange "vulcanized" rubber on the bezel. I don't have this watch but also heavily considered it and had many questions about the slight bit of orange rubber in the bezel. Have yet to hear anything negative about it. Its a great looking watch and very light. The adjustable clasp is also amazing to say the least!
I am not sure how the titanium holds up, but I believe Omega uses grade 5 titanium which is the highest quality. There should be no issues with its longevity in any respect.
Also, this watch is NOT rare. It is available in the display case at pretty much all Omega boutiques and authorized dealers, usually on a rubber strap, but the bracelet is easy to find as well. If purchasing from an AD (which I would recommend) you should be getting at least 10% off MSRP.
Hope this helps!
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