Ok I have dilemma for you.
Like most of you, I have a wristwatch that I love (birthday present from my girlfriend), but I fully expect Apple will eventually come out with an iPhone nano that is the same size as the current 6th gen iPod nanos (usable because of nuance voice control integration, Siri AI, and iCloud connectivity). Some of those "made for ipod" watchbands which are currently available are pretty upmarket and stylish - and it would mean one less object to carry in my pocket. My questions for you are:
1) Would you buy/wear one of these as a watch when it appears?
2) How do you explain it to your non-techy other half who gave you the present in the first place?
I'll probably end up wearing my gift watch as a dress watch occasionally.