It’s a nice enough looking “smartwatch” if not a terrific looking watch. But the bands are what really make it shine. They’re also going to make Apple’s bottom line shine. Having a smaller, 1.5-inch model goes a long way to alleviate the “can of tuna on your wrist” effect.
The software has some great touches. I am not enthused about the notifications part as I’ve said but payments and fitness are both there (although it’s unclear how verification works with payments — TouchID or do the sensors on the back of the watch do something similar?). With first release products I usually get the low end model on the assumption that the early refinements could be dramatic.
UPDATE: Rene Ritchie says payment on the Watch works with a passcode and skin contact. The passcode unlocks the device and it stays unlocked until skin contact is broken.