I can understand holding off for the next generation of iphones, computers, iPad, etc. but the 1st gen watch is not the device to hold off on...it is a fun iPhone complimentary device to enjoy right now. The newness of first gen Apple product lines are a great experience even though there is room for improvement. All the first gen products I have owned were great experiences (yep, even the 1st gen iPhone with its completely crappy reception and lack of apps was fun to own)....then in future iterations I skip generations; but the 1st gen, flaws and all, is worth the fun. And also, there is a rumor going around that it may be a long time before they update to avoid alienating the Edition owners. I also heard an update may include just replacing the sensors on the bottom of the watch with a new sensor plate.
I mean seriously, are you just going to sit around for 2 years or so and watch other people play with their Apple Watch? lol
Just my opinion but hope you get one.
Edit: Oh good, just read your post where you put in your order, awesome! Have fun!