I just bought mine and as i get used to it...my first smart watch...I love it...it has been a great buy and an invaluable tool...for work and personal use...glad i got it.I have waited a while to buy one till reviews came out but now I own one...every day gets better the more I learn to use it.
It may be an older model, but it still has the current smart watch specs. If you can grab a refurb in the $150 range, I would jump on it. That's pretty much what I did, although I paid $180 for mine several months ago. The gold Urbane (especially with a matching metal band -- IMO) is a great smart watch (although my silver Moto360 continues to be my fave (version 2 of course).
I recently got this as an upgrade to the original Moto 360. So far, I'm loving it. It really sips battery, as I think I can get almost 2 days on a charge, even with screen always on. I'm still having issue getting call notifications on it, I just got the AW 1.5.0 update, so I'm hoping that fixes that problem.
Update. Appears this has fixed the call notification problem.