I'm glad you have the option and whatever keeps you running is a good thing, but I love exercising with as little as possible. It gives me a good time to truly unplug and be alone with my thoughts, I also think it lets my body set the pace.
Mine is much closer to a keyring that you pull out as needed than a smartphone that comes out all the time, certainly closer than I'd expected. Of course, the other part may be that as with a normal watch, you tend to glance for a second and be done with it for a while.
Oh well, the markets have clearly spoken about the objective benefits of smartwatches.