How the picks were decided
We ranked what each price step buys a triathlete: automatic transitions, power meters, buttons or touch in the water, and battery for your longest race. Then we counted the swim evidence on each exact model. The count is sobering. Of the 14 models we weighed, only five have any open-water test on the exact watch, and the Ultra 4's single swim had no reference to judge it against. Only the Forerunner 970 has two testers. Not one has a published pool lap-count test, so every lap claim here comes from owners. Safety doesn't separate them either: the CPSC's recall database lists nothing for Garmin, COROS or Apple Watch.
Do I really need automatic transitions?
Not for a sprint. Even with them, the watch won't match the official clock. Garmin's auto transitions start T1 when you stop swimming, not when you cross the mat, so the watch's T1 reads long. Want splits that match the results sheet? Both Garmin manuals offer the lap button at the start and end of each transition. What automatic transitions buy you is not having to remember. By mile 80 of the bike, that's worth more than it sounds.
Will it last a full Ironman?
On multi-band GPS, measured drain puts the 970 and the PACE 4 through a long day. The Instinct 3 gets there on Garmin's claim, which nobody has tested on multi-band yet. The 570 covers yours if you'll finish inside 14 hours, or longer on a lower GPS setting. Put your expected finish time into the GPS battery planner to see how much margin each watch leaves.
How accurate is open-water swim tracking, really?
Less tested than anything else these watches do. The 970's track is close when you swim steadily and wanders when you stop. The PACE 4's is acceptable, with the odd cut corner. On the 570 47mm and Instinct 3 45 mm, it simply isn't measured. Treat swim distance as a training log, not a split to argue with a race official.
Will my bike's power meter pair?
On the Garmins, yes. The 570 and Instinct 3 pair ANT+ and Bluetooth meters, and the 970 recorded a power meter ride in testing. COROS documents only Bluetooth sensors for the PACE watches. If your power meter is ANT+ only, stay on the Garmin rungs.
Does a touchscreen work when it's wet?
Garmin's manuals switch the touchscreen off during swims and offer Lock Device for the whole race. That matters on the 970, which has a long-running forum thread about ghost touches, handled by replacing the watch. The Instinct 3 sidesteps the question with buttons only. The PACE 4 locks itself by default until you hold a button.