I need to point out, the problem you will have now posting such a image or trying to suggest some design is that NOW everyone knows the design.
Since Apple's design in now known, and accepted, it's deemed correct by many here.
Whatever you post, if people say yes that's great, that's what it should be like, they are in effect saying that Apple's design is wrong, and it should look like something else.
Hence you are never going to get anywhere.
If I put this another way:
If Apple's design had been some bangle, or some shape, with say a battery all around it, longer life, a curved screen, thinner etc, and that was the design we knew was coming.
Then you posted photo's of the Apple watch as it is today, and say it had the Samsung or LG Brand stamped on it. It would get laughed out the room here for being old fashioned, amazing think and chunky, unimaginative and any criticism you may wish to throw at it.
That's just how it is.
I'm not sure I myself would want THAT exactly, but many loved similar better looking renders of the Watch before we saw the real thing.
I think there is potential in the bangle idea as it makes sense to use rather than waste the whole strap area.
I'm sure as time goes on we may see this type of shape/format be used as there is potential there.