I think the disdain for the ETA 2892 that some "connoisseurs" have is a function of marketing rather than technical merit. I know people speculate about how IWC "modifies" the ETA 2892, but to me, I hope they keep it as standard as possible. A complete "in-house" movement is somewhat of a liability for the watch, in my opinion, because it leaves you locked-in to the manufacturer forever for parts and servicing. The result is that the big brands can charge huge sums of money to service their movements because you cannot get the parts anywhere else, and thus, only the manufacturer can service it. This has been going on for years, as the big brands like Rolex, Omega, etc., have been cutting off independent watchmakers from the supply chain for replacement parts and tools, and at the same time, have been trying to convince the public this is good for them.
With an ETA 2892-based movement, any good watch-maker can service it and parts are readily available. On the other hand, with an in-house movement, you're not only locked-in for parts and service, but if the watch company goes broke, your expensive watch will transform itself into a paperweight the next time a part breaks. People may think that's unlikely, but recessions come and go, and so do luxury brands. If you love your timepieces, you'll keep them for decades or longer, and that's a long time to hope that that the maker of your "in-house" movement stays in business.