If there is market for long lasting watch, I think it is if it looks like a traditional round watch. Or if it can work as outdoors watch. Garmin is moving from transflective to AMOLED for better colors, and there might be spot for rugged, long-lasting, cheap watch.
I think Eric has more-or-less implied that they will probably make a Pebble Time Round successor (no doubt with worthwhile battery life this time, given how much more the Duo is)