Consumers have come to expect innovative and sometimes wild designs for luxury watches. However, I don’t think anyone was quite expecting this level of “out there” with the 2lmx watch created by new watch designer Arnaud Tellier. Tellier, a former curator at the Patek Philippe Museum in Geneva, has taken the idea of a skeleton watch to the extreme on his newly designed watch.

But it’s hard to decide if this watch is insanely awesome or just plain insane in design. The 2lmx is a mechanical watch with a core tourbillon mechanism that, unlike other watches, runs on a 24-hour format. It’s reminiscent of the old alarm clocks that would flip down to the next number. All the inner workings of this timepiece can be seen through a sapphire crystal casing. It’s the main reason this watch stands out above other luxury watches.

But how do you create such an intricately designed watch? With 337 components, 44 jewels, and roughly 1,000 hours of work of course. Yeah, I said 1,000 hours! Because of the immense amount of labor involved, it’s no wonder this watch is an ultra exclusive limited edition. Only 5 will be created each year. If you wait until 2012, you can purchase the watch in a platinum casing with either a black or white dial and wristband. If you opt to buy, good luck waiting around for it!