Magnet?

[SubSpace]

This may be silly, but I just purchased a new swiss army knife (the small, keychain variety) to replace one I had confiscated by the TSA (my own fault for forgetting it's on my keys). This one, however, has a small magnetic phillips screwdriver/bottle opener tool, which will be very handy for opening beer. However, I am a little worried about the magnetic screwdriver should it come into close proximity with one of my watches (such as on a nightstand, as I empty my pockets at night and set my watch next to everything).

Does anyone think the tiny little magnet on the knife will mess with the watch?

[barters]

It might do. Probably best to swap for a Milgauss to be safe!

[rms]

People get so silly worried about their (built like a tank) Rolexes. The worst that could happen is your watch gets a tiny bit magnetized, which slightly effects its accuracy. Go to Radio Shack, buy a $5.00 degausser and stop worrying. The little magnet on your swiss army knife is not going to harm your Rolex.

[Danand]

In short I doubt such a small magnet occasionally near your watch would have any effect.

[Justjosh]

I really wanted to make a smart comment about refrigerator magnets causing havoc with my watches, but I will be gentle.

I'm pretty sure it will take a lot more than a magnetized miniature screwdriver to harm your watch.