What Does the UX Community Think of the iWatch?

Check out this video where Apples Senior VP Design, Jony Ive, talks about the iWatch. Do you think this tiny screen will provide a comfortable user experience? I want to have faith in the UX Kings, but even for Apple, this one is tricky. Will the products suffer without Steve Jobs? What do you think? Leave your comments!  
Megan Wilson is user experience specialist & editor of UX Motel. She is also the Quality Assurance and UX Specialist at WalkMe Megan.w(at)walkme.com