As a technology fan and cautious early adopter I've kept an eye on this 'gadget', but even series 2 still doesn't float my boat.
It looks really amazing, is 'cool' to use, but for me personally, it just doesn't seem to perform any additional practical functions that are not already covered by my iPhone, iPad, MacBook, etc. I drift between lustfully wanting one, and thinking for close to €500 it doesn't really do a whole lot. Leaving it off at night to charge (poor battery life) seems to offset one of its USPs, sleep monitoring. I'm not into 'sports fitness' so that aspect doesn't appeal personally. Tried a series 2 recently, but this is the first Apple product that has left me rather 'disinterested' if not occasionally 'lustfully desiring' one.