Oh surely it must. Although, I'd have more respect for it if they limited the watch to just a small collection of Hermes approved face designs. One question comes to mind, can the Hermes watch face be augmented with complications in the same way as the Apple designs? In other words, could theI assumed that the Hermes has all the faces, but I don't know.

The reality is, Apple is going to have to eventually open up the watch faces. Watch OS2 starts that process by allowing photos to be used as wallpaper behind the faces, which if works the way it appears, will allow people to put photo realistic watch face images behind Apple's graphics -- with the proper alignment: custom watch face. But true watch face mods will likely be treated like ringtones and required purchases through vetted submissions via the app store, or custom affairs like the Hermes edition, at least for the near future. Either way, I doubt they would limit the Hermes edition from being able to use those other options as they become available in successive OS improvements. Who knows, maybe Hermes will offer additional watch faces down the line for purchase through the app store, which will only work on the Hermes editions.