I was debating whether to get the S7 or the Pixel to replace my 4 yr old device. While I still believe the S7 offers more features for the price, I ended up going to the Pixel because I wanted a bloat free, smooth android experience with timely updates. For me, waterproof is nice to have but I rather have a phone that is made of metal (or mostly of) than a glass back phone. I feel I am more likely to drop my phone than splash it with water. I've had phones beginning dating as far back as the Nokia walkie talkie looking phones and never got one wet! (knock on wood)
I am content with the experience the google pixel gives me and that is well worth the price to me. This is the great thing about competition, everyone is free to choose what best suits them.