Excellent point. Apple charges a flat $329 to replace a Stainless Steel 42MM Space Black Watch (no band) if it's out of warranty. I can get one on eBay w/ a sport band for $350.
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Justin.TV was the bomb!!!! Started in 2007, I was friends with Justine Ezarik around 2002 (she and I were old-school Spymac users) and talked her into doing a stream on JTV back when it was just Justin Kan the founder. She ended up taking it up full-time in late 2007. I started doing it at home late-2007 just having my home-office always broadcasting. Then starting January 2008, I moved to San Francisco and borrowed a camera + backpack from JTV that had a Sony netbook + Verizon EVDO Card and it would run for 7-10 hours w/o needing a charge with the screen closed.
In late 2008, I started AdamsBlock which was a 24/7 stream of my corner in SF. I'll probably start back up on Ustream if that's still around when I close on my house soon. IT's a pretty nice view of a lake.
Adam's Block
My view today which would be good for a streaming cam especially since we have a lot of ice-fishers in the winter-time
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You may also know Justin.TV as Twitch. Michael and Justin hired a girl named Tia in 2008 to run community management. She was a HUGE gamer and recommended that JTV embrace the people streaming video games. She did a lot of nurturing and eventually, gaming became hugely profitable that JTV launched Twitch. Eventually, JTV closed their doors and focused purely on gaming (long after Tia left) and amazon bought them for a billion dollars. Michael and Justin are both working at YCombinator now (a startup incubator) and enjoying their millions
JTV kick-started a lot of vlogger careers including iJUstine's