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I think being able to add custom stuff to your Garmin head unit is more valuable than accessing anything provided by their Connect API but that's because I don't really use Connect. I do my analysis in WKO. I'm not sure what you can do with their API as I've never had a requirement that might need it. Does it do anything amazing? Have any third parties actually used it for something useful?
Maybe so, but isn't that just for adding little weather widgets and such like? Looks like a nice idea but it's kind of fluff, no?
I'm more talking about letting users just pipe their data to/from whichever service they feel like. Seems like Garmin just isn't on board with that sort of stuff.