I noticed the specs for the virtual devices, as setup in the AVD Manager that you can download from ADT and Android Studio are as follows.
The specs shown in the device list are:
- Android Wear Round; Screen: 1.7", 320x320, Small hdpi; RAM: 512MiB
- Android Wear Square; Screen: 1.7". 280x280, Small hdpi; RAM: 512MiB
For both, the details specs show:
- 1.65" not 1.7"
- GPS
- Accelerometer
- Gyroscope
- Proximity Sensor
The specs shown in the device list are:
- Android Wear Round; Screen: 1.7", 320x320, Small hdpi; RAM: 512MiB
- Android Wear Square; Screen: 1.7". 280x280, Small hdpi; RAM: 512MiB
For both, the details specs show:
- 1.65" not 1.7"
- GPS
- Accelerometer
- Gyroscope
- Proximity Sensor