You need only read the first sentence of your second paragraph to see why there are valid reasons to be skeptical. I am yet to meet a single person (live person, not people on message boards) who is interested in buying it. I actually have yet to meet a person who thinks it looks nice. When the iPad and iPhone were released they were not criticized for being ugly. Obviously looks are subjective, but very few thought either of those products was ugly. I'm not sure the same can be said of the Apple Watch. It's functionality, like that of all smart watches, is for very niche purposes. There is almost nothing it can do that your phone can not. That makes it much harder to justify spending money on. When you add in the general public's "meh" attitude toward its appearance, the majority of the models being priced in the ballpark of an iPhone, and it's niche category, I believe you have the recipe for one of Apple's more disappointing launches. That being said, disappointing for Apple would be a resounding success for most companies.
But by all means, please ignore my comments and call me a naysayer. After all I am a new poster so I must be a moron.