I already said a month ago after Samsung revealed the Galaxy Gear that this gadget will be short lived. Now the first Galaxy Gear reviews are out and confirm my prediction.
Samsung jumped the gun with the Galaxy Gear. There was initial media hype at the reveal of the watch at the IFA 2013 early September. Now the first wave of reviews confirm my opinion that the Galaxy Gear is a failure. There is just no value in wearing this oversized device on your wrist.
9to5Mac has a collection of reviews here that have all the same message: do not buy.
The rumored Apple iWatch triggered a whole wave of smartwatch announcements. Apple is likely defining the blueprint for a smartwatch, but maybe Apple will come to the conclusion that a smartwatch is not the right device in the near future as the technology is not far enough. As for now there is no reasonable smartwatch besides the Pebble.