Personally, I wont be buying the 1st generation watch. It's not me. I will wait for version 2.0
Why? Well, looking at how huge the change was between the first iPhone, iPod and iPad and the second generation, I feel like it is not a good value to be on the cutting edge. The potential for the iWatch is huge but the practical uses for it and the software and features that will come out from the use cases that will result from the first gen watch will not really surface until 2.0
It is still a great stock to own though.