ABTW: What was your first grail watch?
On the plus side, each new connected watch that Samsung releases appears to be an improvement on the last generation. Samsung's latest watch is the Gear S, which is due out in October 2014, and on the surface, it looks like a dream product. The laundry list of features and promises is impressive, but we will see if Samsung can deliver on its new uber-smart watch when it comes to performance and reliability. Battery life is claimed at a scant 2 days per charge, so expect less than that with normal (heavy) use.
For the most part, watches with skeletonized movements only indicate the time. There is a rather good reason for this, because otherwise the skeletonization would not look very nice. Once you start adding in complications to a movement, two things often happen. First, you start to add more gears and components in a small space, and second, you begin to stack modules or systems in the movement. Skeletonizing then would be difficult, and not really result in the nice "pancake web" that you get with something that is much more simple, such as having just the winding system, regulation system, and gear train for the hands. The Glashutte Original Senator Manual Winding Skeletonized Edition even lacks a seconds hand.