I want a smart watch that can act as a key. That is, I approach a locked door and the door unlocks. I sit in my car, and push "start". I surf the web (on my computer), and my passwords are automatically entered (because my computer is talking to my watch).
I want a smart watch that can be biometrically locked and unlocked. Unlocked via finger print reader, retina scan, or via a sub-dural RFID or NFC chip.
I want a smart watch that is geo-location aware, and can serve up appropriate bar codes, like when I'm at the YMCA entrance counter.
Of course, I want to be able to buy things with it too.
I want a smart watch that can double as a bluetooth headset. When I receive a call, I can pull off my watch. The band snaps straight. One end of the band has a speaker, the other a mic. Or maybe it just has a speaker phone.
The primary input mechanism for this watch is speech.
In addition to a camera, the watch should have a little LED flash light. I use my phone's all the time, and it would be great to use the watch instead.
A pico projector would be nice, but that might be asking for too much.
Wireless charging, of course.
Waterproof.
Bluetooth music streaming.