I think you may be right. I am not upset. The shipwreck comment was really just fun. I am just a junkie for the new stuff. That is why I got a Nexus 6 and just ordered a Pixel XL so I get the new Android without bloat and quickly after it is out. My first Android experience was a Samsung Galaxy 2 and that thing got slow to no updates. I ended up rooting it and doing the mod route until I went with a Nexus device.
I read somewhere, I don't know how reliable the source was, that H Watch was scheduled to push update in mid March. I was thinking that since H Watch was a preview that it would come faster. I just replaced my Moto 360 1st gen with the H Watch partly because they were doing the AW 2.0 dev preview. But that is my expectation. I still check every day tho