Pedals have arrived, on time (pun intended) before Xmas! Some unboxing first:
Came in a nasty box (there was a black plastic wrap)
Good, this is the right product, comes with cleats and bolts! I was not 100% sure the cleats would come with the pedals.
Hollow axle, good, confirmed Ti (doesn't attract magnet), good
Funny, those are obviously made in China
I can't test those for now, I don't have road bike shoes! Still, I can tell that these are clearly copy of Time, not from the same factory. They are almost exactly the same, but a few tiny details tell me this is a different mold (looking at Time pictures on the web). Weight is on the high side, 163g the pair (claim 160g +/- 4g), which is still crazy light. Cleats are on the high weight too (62g, presented as 54g).
Trying to rotate manually the axle, it is very tight, no play, this is good. What is not as good is the sound, you can tell there is not enough grease inside. I'll need to open the pedals and add good quality grease before I use those.
Overall, I'm pretty satisfied so far. Considering the cost (USD 65.50, shipping included), I can't ask for more, but they are not the real "made in France" Time pedals.
UPDATE:
After dismounting the pedals, I know for sure they are not originals (but they never claim it is). First, you open the 2 pedals turning the same way when the original for sure open in opposite direction. Then, there is only one bearing inside. The end of the axle is supported by a plastic ring. I don't like that. I've ordered needle bearings to replace those (good quality, SKF, 10€ for 2).
Then I've found the reason of the rubbing. It was not a grease problem (even though the grease I'll use to replace it is of better quality). It is a stupid design problem. They use a plastic washer in-between the red "cap" and the bearing, causing the red cap to push on the inner part of the bearing (the mobile one) instead of the outer part. It's simple as removing the washer for the bearing to rotate freely. Note that it takes hammering to extract the bearing from the axle. I'm glad I've done all this, they should function nicely now, and longer!