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It pretty much has no use these days. Just like a tourbillon, or a minute repeater. Even a calendar watch is useless. For that matter, so are mechanical watches. Second hands have no real use. On manufacturer even want so far as to call the minute hand useless. It is a very unique watch. If curious check out Meistersinger. One of these were going to end up in my collection recently, and then I saw one on my dads wrist. I was so disappointed.
But none of that is really the point of watches. the point is, There is a taste for everyone, so they make watches for everyone.
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