Really cool stuff! From what it looks like this is a big departure from the previous Android smart watches that look like they jammed Android 1.0 on there. Two big concerns for me: 1) Battery life 2) Display visibility They go hand-in-hand for me. Get that nice high-res display but will it last me a day? For battery life it would be nice to have induction charging if it were to last about 8 hours (my personal guess).
If they price this to compete with typical mid-high watches, then you're looking at about $4000 [1] which is more than enough to get some very impressive display technology in there. If they skimp and try to put in cheap hardware and go for a $500 price target then this is going to fall flat. Hopefully they understand the watch market and know to charge more and put in the best materiel, but knowing the tech industry…
If all you want to do is tell the time quickly, a $10 quartz watch does the job just fine.
I am sure Vertu or some other ridiculous company will sell you your insane diamond-encrusted titanium penis size signifier with a touch screen and Android Wear integration, but it won't be any more functional than the regular version.