It's pretty obvious it has a bigger battery. With gps off it says it can due continuos hear rate monitoring for 8 hrs. 1st Apple Watch can only do 5hrs.
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Yeah I guess it comes down to if you think gps, water proofness and brighter display is worth $100. I think I might wait for Black Friday sale. Sucks that my Apple Watch is now basically worthless, but I guess that's what being an early adopter gets you.
Be glad you didn't buy one of the fancy ones that costs thousands. I guess the best approach is to buy a good band and then swap out the watch when you upgrade. I'm more interested in the watch than the iPhone 7 and definitely want to keep my audio jack