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I think the technology is already beyond this, and that an ipod nano in a watch form-factor, with the power of one or two generation old iPod Touch, is just around the corner.

Look at the popularity of the TikTok/lunaTik: http://www.kickstarter.com/projects/1104350651/tiktok-lunati...

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Generally the tiktok reviews have been: cool idea but you need to touch the watch to activate the screen which cripples it.

Metawatch promises always on with it's OLEDs so you can... know what the temperature is at the airport. Pretty sad 1/3 of their breakthrough products display is a waste of cycles weather widget.

I wouldn't call that a waste; you no longer have to look up to know if it's sunny.

Sounds like an e-ink display, not OLED. On the website it says there are two platform, and for only one of them does it say OLED.

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