Actually, if you read the features, that thing was a stopwatch, too.
But, I cast another vote for the Timex Ironman. I have one that's even cheaper than the one TASM posted and it works great. It's not touted as being waterproof, but I push the lap button under water all the time and so far no problems. Very intuitive, buttons are easy to push, etc. I don't think I've ever had to read the directions to figure out how to switch modes, set the time, or anything. As opposed to my cheap no-name brand, which I still can't set the time on - good thing I only use it as a stopwatch for running.
- Le Bannon