Following information (24 June 2014)
I received the new replacement sensor that returned (previous thinking sensor returned to a defect).
When tested for recognition, same observation: the pulse sensor is not recognized by the watch.
After investigation, I understand that the sensor recognition is not implicit (logical too, you have to pair the watch sensor recognizes the staff, and not that of a running partner.)
So I restarted the pairing procedure, and the result is positive. => Perfect recognition.
So, I cast doubt my own judgment about the previous sensor and can imagine that the watch had lost the pairing with the first sensor.
2 stars previously granted to the product lose their justification.
I modify my previous assessment by ironing to 4 stars.
The loss of the 5th star would then be explained by the doubt that exists (false or true failure) and / or loss of pairing.
If I have further information, I will share.
Good run at all.