Yes Apple's demonstration seemed okay - but think about how quick Apple Pay is with Touch ID on, for example the London Underground. You're eaten alive in London if you hesitate for even a split second at the gates to get on the Tube, so Touch ID was easy for just beeping in and getting through. Now we're going to have stop while people stare at their phone then put it back down to the touch pad. I think it's a compromise not a new feature.