After over two months of waiting, from the time the Moto 360 was declared to be on its way at Google I/O 2014, Motorola has finally announced the Moto 360 smartwatch.

Motorola’s Moto 360 smartwatch features a 1.56-inch, backlit LCD display featuring Gorilla Glass 3 with a 320 x 290 screen resolution (205ppi) and a TI OMAP 3 processor. The Moto 360 runs Android Wear, and, as is the case with all Android Wear devices, comes water-resistant with an IP67 water and dust resistance rating.

Currently, the Moto 360 is offered in only leather options, but metal bands will be available (for an additional $50) later on. There is a 320mAh battery inside the Moto 360, which Motorola says could work all day with “mixed use” (don’t become too much of a web hog), but you do have the nice wireless charging option that lets you avoid wired connection when charging. The wireless charging accessory is included, so no worries about coughing up additional funds.

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4GB of internal memory storage and 512MB of RAM are what you’re working within this device, which is similar to what the Samsung Gear Live and the LG G Watch (and soon, the first plastic OLED, or P-OLED, G Watch R) offer their users, and a built-in pedometer and heart rate monitor provide the fitness measurement you’d want in a smartwatch fit for life on the go.

In case you were wondering, the Moto 360 is compatible with all Android smartphones running Android 4.3 Jelly Bean and higher (including Android 4.4 KitKat and soon, Android L).

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If you’ve been excited about the device all this time, now’s your chance to get your hands on it. Motorola’s starting its sales of the Moto 360 today, September 5, at 12PM EST and will cost $250 (matching Best Buy’s price of the new gadget). We’ve heard that this could simply be the Moto 360 pre-order, but we’ll have to wait and hear an official word from Motorola on the subject.

We’ll be back to provide more information on Motorola’s new Android Wear Moto 360 smartwatch.