Some Miyota movements are pretty poor, such as their 8215, which has large QC problems. But others are decent. My sense is Citizen is making a big play into the mechanical movements, having bought Frederique Constant and Bulova and La Joux-Perret (which makes seriously nice high-end movements).
Good quick overview by Forbes here.
As to the ETA fiasco, it seems a lot of the smaller brands are moving to Sellita, which is just fine as they used to make the parts for ETA anyhoo.
edit: I should add, even after 20+ years of watch-insanity, I'm still not sure where I fall out on the "in-house" versus ETA vs Sellita vs other movement "issue." I sometimes buy a watch for the movement (e.g Tudor, North Flag) and sometimes buy watches purely for the aesthetic, such at the PAM 283, which has a stripped down 7750 movement in it, and works just fine for me. When push comes to shove, I mostly pick a watch on design, heritage, reputation, and not necessarily the movement inside (as quite a few watches in produced by luxury brands in the 2000s had ETAs of some form).
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