Wearable computers would probably be more practical than an iWatch. But the idea of having a display in full view on yourself and the computing power in another location, like a pocket is what Apple is after. I would fancy a sleeve instead of a watch or some kind of a wide bracelet with a large color eink display. This would make it thinner and less energy consuming. Then the real computer could be in the wallet? iWallet? iBracelet?