It is much worse than expected. No, it doesn't pull settings from the phone at all. When I tried to use WiFi on the 360, I had to MANUALLY select a network and then ENTER THE STUPID PASSWORD for each new network for the watch via the phone. This is extremely irritating!
Plus, I have no idea how this is even supposed to work...
1) When WiFi is on, does it use it all the time? Or does it just use it if you are not connected via bluetooth? Or does it use it when you LOSE your connection via bluetooth?
2) How can we even tell when it is connected via bluetooth vs. Wifi now?
3) Will the watch revert back to bluetooth when back in range of your phone?
4) Will it automatically connect to any known WiFi network?
5) How much battery is this using when WiFi is "on" but not connected?
6) How much battery is it using when actively connected to WiFi?
7) Does the phone have to be on the same WiFi network as the watch?
8) Does the phone have to be on the same SSID access point as the watch, even if the two access points are on the same network (phone on one, watch on the other)?
9) How can you even test that you are really connected via one or the other?
10) Are text messages and phone alerts sent through WiFi? Or is it just for data access for things like searching and maps on the watch?
Lots of questions, few answers