I can't imagine anything interesting happening to the watch that doesn't include a big increase to battery life. I don't want any other feature except a battery that can make it a full day.
Apple software has seemingly regressed every year recently. Native apps like Music and Podcasts, the only two I would regularly use, have become so bugged that I had to move to other options. Every time I take a look and see if they are working again, they are buggy messes that I have to constantly wrestle with.