This is my fear and it would not be a buy for me if this is how it's implemented, but again, I have much better tools (Dexcom g6 and soon g7) at my disposal that I use to dose my insulin and my pump uses, to a certain degree, to regulate my blood sugar. I would likely buy the watch because I am an annual upgrader of the Apple Watch and would not even look at the blood sugar application.Here is a question for you all. Would you buy this if the measurement were only qualitative instead of quantitative?
Apple may bypass the FDA by making a clinically irrelevant metric around Blood Glucose, and just report "Low", "Normal", "High", and not report the actual value to the user. They'd likely add text that this is for "informational use only", since you don't want diabetics to rely on this to administer insulin to themselves based on what the watch said. They may collect that data for themselves though, sending it back to Apple headquarters for algorithm and Machine Learning (NN) development until they can pass quantitative determination through the FDA.
In this case, you are really looking at two groups. Non-diabetics who would think it would be useful for a general picture of glucose trends in somewhat of a gimmicky way and diabetics (T1 and T2) who would love to have it to make every day life changing decisions with. I could totally see Apple, at least initially, going the qualitative route to bypass the FDA's stringent controls on approving a non-invasive device to make dosing decisions.