Nope, the refresh rate is clearly too high.
Compare with amazon's newest Kindle e-ink, quick animations are not possible with ink yet, and there is ghosting.
Also, deducing from the battery life of 7 days ONLY, this doesn't look like eInk, which would last for weeks or longer, since it does not require power at all to keep contents on the screen.
However, I have to admit that their display is the most interesting part of the watch.
well the thing is this thing has to stay connected to bluetooth the entire time, so that's part of the battery. The animations are also 3 frames or so... so maybe it's fine.
I think the ghosting comes from not explicitly setting bits. with the color e-ink screen you're probably resetting a lot of things, so even if ghosting is present, it's not very visible (especially after a lot of changes)
Looking at this closely though this _does_ remind me of something like the GBC screen. This might just be LCD.
