Just a data point, I have a $800 watch (Garmin Fenix 7 Pro Sapphire) that has a built in LED flashlight, including a red hue. I bought it to have backup GPS in off grid situations and for health and activity tracking, but tbh the feature I would never want to give up is the flashlight. I use it all the time and it’s, frankly, invaluable. I’m not sure if other smart watches have good flashlights, but they should. I almost never use my phone flashlight as a result.
Me too! I thought it would be somewhat gimmicky but I use my Garmin flashlight all the time. For instance I was just trekking in South America and at camp while everyone else was using headlamps to get around at night, constantly shining lights in each others' eyes I could use the more subtle watch light to get up and find the toilet, etc.
Apple Watches also have a "flashlight" feature, including a red light mode for SOS and running modes, but they just turn on the screen to full white or red output with some brightness controls. It's not a dedicated LED emitter like yours appears to be but it's sufficient for finding things in the dark or not tripping on something.