Then again, I'm biased. We're building and selling our own version of wearable computing, but driven by your biological rhythms.
I wear glasses. Years ago people thought all glasses looked silly. And they were, with giant thick lenses. Now people buy non-RX glasses to look cool, even.
I saw an animated sci-fi show from around 10 years ago (Denno Coil, Japanese anime) where in order to see the AR/VR world, you wore glasses. Every single kid wore glasses. You had to in order to see the VR/AR. Once something is common, the look factor doesn't matter.
I think we're just seeing people being disappointed that Reality is still decades/centuries/possibly impossible behind Fiction, and Fiction is only pulling further away as Reality gets better computers to render Fiction with.
Especially for artists, designers, and maybe even engineers. I can't tell you how many times I've wanted to see what I was doing when I started to screw something up.
When you're walking around all the time, not having to hold something is a pretty huge selling point.
(I'm playing with it as an augmented reality device and have written a calibration library to get the display aligned with the camera - see https://github.com/matt-williams/Optometrist. I've been working on hooking this into OpenCV which I'm hoping to upload in the next few days.)
One valid answer to "why not" might be power/heat - if you run it for a long period of time, your battery dies and your hair sets on fire. ;)
The camera not being centered on your face is not insurmountable. (In fact, you'd want it to be centered on your right eye, not your face.) The project I linked to above aligns the camera with your vision. It doesn't currently work for different depths of field, but I'm working on that - this relies on your image recognition being able to determine the depth of the recognized object, e.g. by knowing its physical size.
I've worn one (very briefly) now, and let me be very clear: you can not superimpose labels or images on anything you see in daily life with Glass. This is a physical limitation of the hardware, and it is absolute. This hardware will never, ever, ever be able to do that.
And it's unclear to me if the hardware for Rainbows End/Halting State augmented reality will ever (or at least in this generation) exist if Glass-like heads-up-display hardware can not be successful in its own right.
There's also a little Easter Egg in it that lets you see the entire Glass team, and look around at them, up, down, etc. and it's pretty engrossing, so you can use it as limited VR as well.
Why would anyone want to wear glasses to see text-messages instantly?
I use to be a glass enthusiast, but this single limitation is discouraging.
"You mean we have all this stuff recorded and in a database, but I have to go look at it to get the info?"