I don't find your comment on superseeded products particularly useful for investors. If you read my thesis, it primarily resolves around the latest version of the watch, the Adventurer and future iterations. I agree with you, 3G networks are slow and outdated. In fact they are all being removed in the coming years and 3G products will be redundant. I was sitting on the sidelines until this latest product came out for the same reasons. The latest product has now been endorsed by Telstra and will be rolled out them across the country this month. This gave me the conviction to get involved.
Also, in my thesis, it talks at length about competitive landscape and Apple's entrance into the arena. Whilst not saying this investment is for everyone, you might find it interesting. Further, on your other comment, phones have not "won", this evidence seems anecdotal?. KCD's are winning and growth being experienced is exponential. You'll see this discussed in my thesis, too.
Thanks for your well wishes on the investment, and your input. It's always good to hear what other investors see and I never mind being alone on a investment.