The smart watch is mostly a solution looking for a market, IMO. The number of people that purchase one, then only use a tiny portion of the capabilities is probably small. I wold bet that Fitbits and all the variations, including the fitness functionality of smartphones are the equivalent of all those treadmills that are purchased in January, and by August are used as a place to hang clothes on.
I just happen to be a small part of the market that will most likely actually use the functionality I'm purchasing it for. Just yesterday I had lunch with my wife in north Portland (shout out to The People's Pig), and had to ride across town for an errand. I mapped it out on my phone, but couldn't hear the turn by turn directions, so I was reduced to stopping at intersections, pulling out the phone, checking the directions and next turn, and repeating. I was waiting for a return text or call from someone else, and I did hear the phone buzz, pulled over and checked, it was somebody else. With a smartwatch I could have just glanced at my wrist and kept riding.
To me, all of this technology really is here to help organize our lives and make us more efficient. If it doesn't, I don't use it.
I didn't jump into this, smart watches have been out for awhile. I'm not buying the latest and greatest, I've ordered the Apple Watch 1, it's significantly cheaper now than when it came out, and it's already "obsolete" in the minds of those that need the latest and greatest. It does what I want it to do (and a whole lot of what I don't care about), since I have an iPhone, integration is pretty much guaranteed. Does that make it C&V?