Update... I did end up buying this watch and side loading the egc app. I love everything about it. A lovely looking screen, the bezel for selection of apps etc. I had a garmin smart watch before this but didn't love it this much.
I bought the watch knowing it was capable and would be enabled after regulatory approval. The sensors are more advanced than the cheapo watches you can get and u understand Samsung's point of a careful approach. let's hope it will pass the regs soon. Don't regret my purchase all the same as its a very nice watch.