I don't know how the apple watch gets the accolades it does. It doesn't have built in GPS so you have to carry your phone even if you wear a watch on a run? How about an apple ankle bracelet to add to the gear you have to carry? Why do I want to wear a watch if I still have to mount a giant phone to my arm anyway?
A watch with both built-in GPS and the ability to store your music and play it to a set of Bluetooth exercise earplugs is what is going to make the best option in the future. Until then, the apple watch is simply a dumb-terminal to the phone.
On the other hand, the Microsoft band has the GPS component that is better than my Garmin watch that costs a little less. The GPS finds the sat right away, unlike the Garmin which can take up to 5 minutes to triangulate. If the Microsoft Band would only let you store music and Bluetooth to the headset/earphones, it would be the one that makes sense. Although, there's no pretty blue band...