It's very good - because of the enormous number of jewels in it :D
Actually AFAIK the jewels in a movement relate to pivots or bearings for the shafts of the movement to run in - a jewelled bearing reduces friction - but costs more money since the bearing material is a semi-precious stone - typically ruby (hence the jewel bit).
A good quality automtic movement will have about 25 jewels (not 2824 :wink: that's the ETA movement id number ). Excessively high jewel counts usually means decorative jewels have been applied - which don't have a mechanical function.