> I just don't see the point. What do you actually use it for?
I use my MiBand 2 (which I got for a tenner) as a cheap digital watch that has the added benefit of buzzing when my phone rings or gets a message, which means the phone can stay tucked away somewhere. Being a LCD it lights up in the dark which is useful in the dark. It displays the full date. As it syncs with my phone it doesn't need the time setting/updating and remains accurate. The battery lasts for most of a month between charges and I'm generally happy with it. Personally I don't use the fitness features at all, the only thing I'd use that's missing is media controls (stop, play, next track) which is available on newer versions of the device.
Actually there are a lot of benefits of the cheap fitness bands that don't have anything to do with fitness. So much so that actually the extra things a "proper" smartwatch can do above and beyond what my £10 band can do are probably not worth me upgrading for.