I have to say that although I do not own a 222 is has always been one of my favorite vintage sport watches. IMHO it is one of the most understated and largely overlooked sport watches of its day. It has not enjoyed the fame of its contemporaries such as the Royal Oak, Nautilus, or Igenuir Jumbo SL. Still I love its design and would snap one up in a heartbeat if I ever came across one in great shape with box and papers. I agree with you that the good ones seem few and far between.
While the 222 lack the water resistance of the Overseas, I far prefer its bracelet and bezel, to me its a more harmonious design. It also has IMHO a more unique movement than the GP based original time only Overseas. I like the original Overseas, but I think you could add a 222 to your colection and it would certainly not be redundant.
Best regards and I hope you and I each find a great 222 in the future.