Agreed, I have a mid range wearable (samsung Gear Fit 2) and I quite enjoy it. I had a fitbit charge hr which I'd consider an entry level wearable. things I like... I really enjoy the fact that I can control my music without pulling out my phone. Notifications on my wrist for incoming emails/texts/anything I want to be notified of really. GPS on the watch lets me go for a run or a walk and automatically track my distance/speed more accurately than counting steps (and without my phone and still get music). The price wasn't that "premium" it was $200 which is pricey but not overly so. They are getting better, I have it set to turn off the screen but when I move my wrist to look at my watch it comes up right away, no "shaking" my wrist, it's actually a bit over sensitive as the watch will come on quite often when driving when it's not supposed to but that's minor.
I still want to get a "real" smartwatch one day, one that does more than just what this guy does. But for now my needs are met, and exceeded.