Re: Digital watch vs Rolex??
I'm with you Gary, I still wear a watch, since I hate pulling out my phone for a quick time check. Professionaly, it's very practical for meetings -- I can glance at my watch during an interview or team meeting, and either it goes unnoticed or the person knows I'm just checking the time, but if I pull out my phone they wonder "why is he checking messages during our discussion? How rude."
I agree that this supreme do-all digital watch isn't a huge lure, but I do think a watch that does Time Plus Something will appeal. That wrist real estate is super handy, so putting time plus that one single thing you highly value or do a lot will appeal (Time + Texts from my wife and kids; Time + My Fitness Goal ...).
Apple couldn't bet on that one thing, because it's only making one watch, so it had to throw all those things in. Watchmakers can specialize their digital tools to do that one thing perfectly.