Have you folks got any issue with the Apple Watch Passcode setting? In the My Watch app, when I tried to turn Passcode on, I was told to set the new passcode on my watch. I then entered a code of 8 or greater digits with non consecutive numbers (as required) and pressed OK. The number pad remained there. So I entered the code again and pressed OK. The number pad still remained there. The only I option I had was to cancel.
Then I tried to power off the watch, and powered on again. I went back to the My Watch app on my phone and found that a passcode was now set. But the all other passcode related settings on My Watch app and the watch were in grey, i.e. I couldn't change any of the settings.