For many, iPods were, remain, and will always be the greatest invention EVER.
My Watch does everything the iPod did/does plus a whole lot more and I don't need earbuds.
Nope! You can't blast music inside your head without earbuds, so your Watch can't save you from your own thoughts a la iPod; it's useless in the context I described. (Edit: See my post # 35773)
(Can you actually listen to music with your watch, but without earbuds, and hear anything worth listening to?)
On the other hand, though, even excluding music, perhaps the multitude of ways to distract you from what's going on inside your head with which your Watch provides you makes it your personal panacea if, in fact, you need one.