I like titanium watches, I have several. The primary reason for my purchase was LIGHT WEIGHT.
The alloy of titanium is very important. I bought my first two titanium watches around the same time. One has become very scratched up (SEIKO) and the other is wearing terrific (CITIZEN).
The Seiko titanium is a silverish tone, almost like stainless it is polished in places. It has scratched like mad. I think they gave up some wear resistance with the ability to be polished.
The Citizen is a darker gray, all matte. This has resisted scratches and still looks new.
Back in the summer I bought a Skagen titanium. It's somewhere between the two colors, but with a brushed finish. It has has a few scratches already.
New in my collection is a traser titanium, it is more of a rosey bronze tint of titanium, fully matte. Only had it a month or so, but no scratches yet. Anywhere it has rubbed became slightly shinier than the rest.
All these watches are terrifically light and show no oxidation or tarnish. If I was to buy a flashlight in titanium, it would be for bling factor alone. As mentioned before, it doesn't transfer heat very well and drives the cost way up.