Corection to BAR / Depth here...
1 ATM (Bar) is the pressure we have at sea level
and as a generalization (note: there is a difference in Salt water v. Fresh Water) the pressure increase 1 ATM for every ten metres of depth. So at 10m depth, the pressure is generally said to be 2 BAR. < 20m=3 Bar, 30m=4 BAR etc. etc. Since the human body is made up for a large percentage of fluids and cells containing fluids and the surounding pressure has little effect (inability to compress) fluids, the issue is (as is the case with watches) the open air cavities within the "body". Currently Free Divers (no scuba) are breaking the 210m depth record, but can do that as the human body adjusts, and blood plasma fills up blood vessels in the lung while reducing the volume. Without this adaptation, the lungs would be compacted/shrink and a colapsed lung (= mostly permanent damage), would be proable already at 25-30 meters. The same for watches. While your watch could be rated to 30 BAR (so 310m) depth, as long as it has air in it - sooner or later the O-Rings and/or Saphire glass will sucumb to the pressure if you succeed that rating. IWC watches would probably have a fair margin of "safety" over the stated limit due to the high quality of manufacture, fit and quality, but would you risk it? Not me - so dont go testing it unless you have a real need to do so, and use the aquatimer as a mechainical backup only for safety - within the specifications.