That mockup looks more like an iBracelet than an iWatch. Frankly, it's hideous. I stopped wearing watches like 20 years ago. They always seemed to make my wrists hurt over time. It's not much bother to pull an iPhone or iPod touch out of my pocket and glance at it (more like a pocket watch) and my wrists have no pressure on them. I'd have zero use for an iWatch. Maybe they could make an iHat or iGloves or even iUndies. Who wouldn't want music playing up their private areas, after all? 
Seriously, just sticking an 'i" in front of something and then adding more music playback devices for every clothing apparatus seems pointless. They need to start thinking more function appropriate.
Frankly, something like an iFridge would probably be more useful with Siri integration. Siri, print out my shopping list based on the regulars that are low.... Scratch that. Order them from Delivery2Home and have them delivered tomorrow between 4 and 5PM. Overkill? Maybe. Useful? Potentially very if it can detect what's in your fridge with sensors, etc. and learn what you like plus voice ordering, etc. Maybe it wouldn't sell in droves right away, but if it was an extra $800 feature, I'd be it'd sell in the long run if it worked well enough.
They should be aiming for an intelligent house in the long run, kind of like the Star Trek Next Generation Enterprise where you can talk to the computer anywhere in the house and it will take care of whatever with any device connected to the network (fridge, washer, dryer, thermostat, security, garage door, etc. etc. and I don't mean just basic on/off type stuff, but integrated sensors and feedback (like the fridge example). It should know where you are in the house and who you are as well. Your son might get, "You are out of Gatorade, would you like me to re-order?" whereas it might ask you on Starbucks coffee drinks or something. Smart pantries, robot lawn mowing...most things could be automated or semi-automated. I've seen lots of parts to such systems, but very few whole house solutions that didn't cost a small fortune or which were more of a pain to use than just doing it yourself. It needs to be whole house (and remote) and voice automated (reliably) or it becomes a chore rather than a savings.
Seriously, just sticking an 'i" in front of something and then adding more music playback devices for every clothing apparatus seems pointless. They need to start thinking more function appropriate.
Frankly, something like an iFridge would probably be more useful with Siri integration. Siri, print out my shopping list based on the regulars that are low.... Scratch that. Order them from Delivery2Home and have them delivered tomorrow between 4 and 5PM. Overkill? Maybe. Useful? Potentially very if it can detect what's in your fridge with sensors, etc. and learn what you like plus voice ordering, etc. Maybe it wouldn't sell in droves right away, but if it was an extra $800 feature, I'd be it'd sell in the long run if it worked well enough.
They should be aiming for an intelligent house in the long run, kind of like the Star Trek Next Generation Enterprise where you can talk to the computer anywhere in the house and it will take care of whatever with any device connected to the network (fridge, washer, dryer, thermostat, security, garage door, etc. etc. and I don't mean just basic on/off type stuff, but integrated sensors and feedback (like the fridge example). It should know where you are in the house and who you are as well. Your son might get, "You are out of Gatorade, would you like me to re-order?" whereas it might ask you on Starbucks coffee drinks or something. Smart pantries, robot lawn mowing...most things could be automated or semi-automated. I've seen lots of parts to such systems, but very few whole house solutions that didn't cost a small fortune or which were more of a pain to use than just doing it yourself. It needs to be whole house (and remote) and voice automated (reliably) or it becomes a chore rather than a savings.