I guess "like" might have been the wrong word but the tiny red dot does nothing to harm the looks of the AW3 in my eyes. If you think the AW went from the best to the worst just because of this tiny dot, you might have other issues. Not even going to ask how you feel about the notch, but I betting the world pretty well ended there.
I didn't say it went from best to worst because of the dot, I said that it went from best to worst in terms of customisability. I can't think of any recent Apple product which contained a primary colour and where you had no choice about it. This is why the customisability has gone from total flexibility in terms of colour and straps (best customisability) to "you must have some red" (worst customisability).
I have no problems with the notch on the iPhone X. It's not pretty but it's a reasonable compromise to ensure maximum screen size. The red dot has no such logical justification.
I am not an Apple hater. I am a full-time independent app developer who specialises in Apple Watch apps, so I want the product to do well. When I saw the leaked screenshots with the red crown my heart dropped because I knew that it would deter a large proportion of potential customers, which is not what I want.
I am hoping that all the negative comments on forums such as this will convince Apple to at least let users choose a different colour. If it has to differ from the non-LTE version then make it white or grey. Just not bright red.