For me personally I would not wear it as an accessory, not just for the look but also because I tend not to wear clothes that would support it. I would think that worn on a standard shirt pocket it’s weight would cause the pocket to flop down and the face would aim towards the ground. I would also not enjoy the feel of it pulling my shirt down on one side, as light as it may be. Even if it was worn on a shirt pocket I would be wary of it’s ability to stay on while walking, boarding a train/bus, removing a jacket/scarf. It could be worn on a tie I suppose. Truly though, the look of it being worn on my shirt is not what I would be aiming for.

I would buy a watch that looked like this however.
I like the shape of the face, the colors used and the way the time is represented. Perhaps there is a way to represent the date/day without sacrificing any of the other aspects.

I like the idea of showing single minutes as a numerical display (I have assumed that it would count all the way to 60) but it would make the 5 minute groups redundant. If these were removed, i’m sure there would be room to show the day across the bottom, perhaps with indicators or simply in letters. If that is not satisfactory, it could be placed on the other side of the CALL indicator with a three letter format used (THU, MON, SAT, etc). This would also work to even out the display so it is not feature heavy on the top left.
Some sort of system could be used in place of the 5 minute indicators to show the date, however for me the date is less important than the day (surprisingly enough) and I am struggling to come up with a suggestion.

My summary is thus: take away the outer lines simulating an analog watch, remove the 5 minute indicator dots, add a day indicator to the right of the CALL space, keep the colours used for indication here and use a simple band reflecting the clean (and slightly retro) design of the face.

As a post script I wonder if it would be possible to have some kind of mechanism that would show the number/contact name of the caller until the call is answered. It could be a good way to filter the caller before having to pull the phone from your pocket. I realise that this would most likely be unnecessary since as soon as I feel the vibrations from my wrist I would delve in my pockets for my phone.
Just a thought.

Besides all that I really enjoy this site and appreciate your use of the public forum as a method of designing prototypes.

1) It will look like a heart problem monitor device which will not look cool.
2) Wearing on the ear looks more like you are a secret agent which will make you look cooler.

But it does look nice.

I don’t think I will enjoy taking it off my ear just to look at the time while I am driving.

Of course the led for the time should stay to make it unique and Tokyoflash-style.