I cancelled my order but not because of the long wait time or any negativity from the board, my original order was for the Stainless Steel black sport band 42mm ordered at 12:06am on 4/10. On April 28 I cancelled my order because I have yet to be convinced I need to own the watch.
By "convinced" I don't mean I need to be talked into buying it, I am an adult who can make rational decision but when the App Store went live for the Apple Watch nothing there convinced me I need this product at this point in time, nothing stood out and partly was because developers didn't know what to develop but still rushed to have something in the store just for the sake of having their app there.
I know Apple has plans to allow native apps on the watch later this year and I'm sure they will talk about it at WWDC in a month from now, so I decided to sit this one out for now. My office is full of first generation products (not just Apple) and I usually don't have a problem spending money on stuff like this because I enjoy watching a new gadget mature (with updates) but this one I feel like I have to give it some time.