There's no guarantee they will even be around to recycle the rings in two years time. The way tech companies are going these days it's probably not very likely.

I’d hope they offer a discount on a new one if you send in your old.

Eh. If they did, they'd probably mention it somewhere.

The problem isn't the battery life, the problem is how wasteful this whole design is. Best case scenario, the battery lasts 2-3 years. After that it's pretty much junk. Sure you can send it in to get it (some of its parts) recycled but 1. I doubt many people would actually do that and 2. no one knows if Core Devices will be even around by then.

And what if the battery runs out before then? There's only a 30 day warranty and if it happens after 31 days you're screwed.

I like Pebble, but I've been on the gadget rollercoaster too many times and until it's proven and quantified 'years of average use' means nothing.