Apollo wear launcher cool

Wear mini launcher does similar functions and for some reason is more well known.

But like you, I prefer Apollo launcher, primarily because the launch gesture from lower lefthand corner doesn't interfere with other swipes (unlike wear mini launcher launch gesture swipe left to right interferes with normal left to right swipe) and also because it's easier to get to the settings (brightness) with one swipe.

More discussion here
(since it is an app applicable to all android wear rather than just moto 360 I posted in the android wear forum)