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I think the Suunto are better for daily use as a watch. They look a bit nicer and fit under a sleeve better.
I haven't used Suunto as much as Garmin for activity tracking but I think Garmins are in a different league imho. GPS/Glonass lock is really quick and the menu system is a breeze to navigate.
The smart watch features on the Garmin Fenix 3 are also pretty impressive. Things like music remote control, sms notifications and call answering. I've got all those turned off but pretty good if that sort of thing floats your boat.
I think its a bit crap to sell a "premium" version for £100 more with the only difference being a Sapphire crystal though.
Is it better than a Suunto?
I still don't get AP's. I have a pal who's worked for them for years and he's always waffling on about them.