It is overpriced.... but the real deal-breaker for me is having Samsung at the helm of the software. Time and time they've proven to me they are "okay" but not great or not incompetent.
If this hardware was rocking AndroidWear 2.0 I'd be on it like a PB&J !!!
(PS no offence to the iWatch, its alright too, but not my cuppa tea)
don't get me wrong it looks nice but no where near $100 price hike, thats insane you can download watch faces that look like that or better and as for the strap i doubt that worth $100. so why the hike ???