I actually owned the Moto 360 for 3 days (sold it today for a nice profit, but I'll be buying it again when the metal bands come out).
It's great. I usually get a lot of notifications every day (4 email accounts, daily hangouts chats, etc.) and the watch greatly cut down on the number of times I had to take my phone out. So much so that my phone ended up lasting much longer on a single charge than before because I wasn't turning it on nearly as much. And I don't just mean a ~5% difference, my phone is usually down to 80-something% by mid day, with the M360 handling all my notifications my phone was at 97%, I never once had to take it out of my pocket the whole morning yet I still replied to various emails and texts.
The watch was especially great during driving. My phone rests in my pocket, when it usually rings I have to fish it out to see if I need to answer the call or not, with the watch I just glance at my wrist and can answer/deny with a quick swipe.
The Google Now integration was great as usual. A quick glance at my wrist and I can see the weather, commute times to work and home, a step counter and heart rate, etc. the responses to voice queries was very fast, from sending texts and email replies to looking up the weather or sports scores, I was impressed.
I completely understand some people not getting it or needing it, and that's great. Nobody is forcing you to go buy one, so continue to enjoy checking and responding to notifications as you have been. Those of us who can put these devices to use will enjoy that we have them as an option.