Maybe that's it.
I don't usually wear a watch. Even if I did, I would not be remotely embarrassed by my watch going dead. I'm more concerned with my phone not being charged.
And, I am willing to bet there are plenty of people like me.
My husband wears a watch daily. It's a Citizen that I gave him on our first Valentine's Day together many years ago. He often travels to other time zones, but rarely changes the time on his watch. He changed it one time last year while on a long trip, then realized months later that he'd never changed it back. He usually looks at the time on his phone, it turns out. He wears that mechanical watch out of habit.
He's getting an Apple Watch. Maybe he'll start using his watch again.
I don't really understand your reasons for buying this then, other than it's a good looking, new category Apple product. I'm not knocking that but it's pretty much the same reason as 99% of the others in my opinion. And that's why it is not ready for the money they are asking. Consider that at this stage, developers can do very little with it as Apple want to lock that down. It might be version 2 before they decide to open it up and allow developers to use taptic feedback, force touch, NFC etc. I've been waiting to see apps become available that would really make this useful but there really isn't much. Sure, these things take time and you wouldn't have expected 10 million apps on the iPhone app store on launch day. But, other than what Apple provides, there isn't much on the horizon from third party developers as they want access to the sensors and the rest. You can use a to-do list. I have never used a to-do list. You can glance at apps that need glancing at. Ok, but don't you want to unlock your car or use it as your travel ticket or maybe tap you on the wrist when you've just gone over the speed limit? These things make proper use out of a device instead of just allowing glances. People can say that people who don't see the point of the Apple Watch just don't get it. Well, they don't really get it. This is a device that moves you away from the phone you probably just bought in October last year for micro conversations that don't require you to take your phone out. That is a lot of money for something so minor. They are pricing this based on your need, not on it's build, procurement, design and marketing costs. That's how they always price these things. But the Apple Watches purpose is far less useful than it is being hyped as. Put some useful stuff in it so you can wave your hand and turn your lights on or help you master your golf swing. Glances are 1 small use of wrist based technology and come with Apple tax on the Apple Watch.