Agreed. It seems to have everything, but at the cost of being very bulky and uncomfortable. At first I thought the Microsoft Band was going to be an iPod moment for Microsoft, but I really don't think so anymore. After trying on a Moto 360 at a Best Buy, I realized how much more comfortable it is for all-day usage.
Frankly the technology is just not there right now for a true smartwatch/fitness tracker hybrid.