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They are decent but they're either trying to rope you into wearing it 24/7 or you feel you're getting half baked data.
If you want to maintain a strict exercise regime they are helpful. After about a year of wearing it you know roughly what it would say anyway.
As a watch they are not really 'good looking'. The cheap ebay straps are fun and work fine.
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What @Airhead said. Great if you wear them all the time and reap the rewards. I have an old school watch I love so it was for me an overpriced notification band for when I was working. I miss my old lcd pebble.
Also I still think they look ugly and uncool.
Talk to me about apple watches. Is it just tech-bro-geekery or actually useful? Will mainly use it for exercise, tracking my workouts / runs / etc. Also navigation while cycling.