Owners of several Android Wear watches (Sony Smartwatch 3, LG G Watch, and Moto 360 so far) have reported seeing an update hit their devices to bring it up to Android 5.0.2. The corresponding build number is LWX49K for the G Watch and Smartwatch 3, LWX49L for the Moto 360.

But before you get excited about a host of new features rolling up to your favorite wearable, this one seems to be all about the bug fixes and stability improvements. Motorola posted the 360's release notes and they include updated Google Play Services and a "variety of system optimizations and security updates to improve performance and stability." It seems that a few users are already noticing small speed improvements on their watches and some bugs being ironed out — for example, if your watch's apps used to fail to launch sometimes, this appears to be fixed now.

However, a more interesting tidbit about this update is buried deep within the Wear Help Forums. On a thread discussing the multiple issues with Google Fit and the discrepancies in step counting between watches and phones, Google employee Soji Ojugbele specifically explained that the new Play Services 6.7 (that rolled out last week) and this Wear build are meant to fix Fit's syncing problems.

This week we are releasing two updates with fixes for Google Fit Sync issues which we hope will address your issues. The updates are to your Android Wear Software and Google Play Services. You should receive updates to both of these over the next week. The version will be Google Play Services version 6.7 and Android Wear Build: LWX49K. Please let me know if you are still seeing a problem after you receive the update. Thanks!

As with all Wear updates, you'll get it when you get it. The notification will appear on your watch at some point and you'll be happy to install the new version. There's no telling when it's going to hit your particular device, but if you find solace in repeatedly checking the "System Updates" section on your watch, feel free to do it, placebo effect and all.

Source: Motorola, Android Wear Help Forum

Thanks: +Alexei Watson, Vilmar, William, Ed Lessard, Eric Abreu