Last year, the Microsoft dove straight into the wearables market with an ambitious device that unfortunately didn’t live up to its promise. Here’s round 2, the new Microsoft Band.

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The new Band is a more premium product than before. It’s got a curved screen, capped by some Corning Gorilla Glass 3.

The new Band inherits the tracking features from the previous band, including GPS, UV exposure, steps, heartrate. The Band adds a new barometer, which can track your elevation.

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As with Microsoft’s other Windows 10 devices, there’s a focus on Cortana integration. It’s supposedly improved this time around—that’s welcome because Microsoft’s assistant was a little too slow to be useful last time around.

As with the last edition, the big promise of the Band is the integration with Microsoft’s cloud-based Health platform, which can crunch your data and give you meaningful insights.

Microsoft is pushing the fitness smarts of the band really hard: not only was the presenter moonlighting as a half-Ironman triathlete, but the new Band can even estimate your VO2 Max. That’s a measure of your body’s maximum capacity to use oxygen, and is an incredibly important number to know if you’re participating in intensely aerobic sports.

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To learn your VO2 Max requires completing an awful treadmill test whilst wearing a mask and a bunch of wires. (I’ve done it, it sucks: they make you wear a harness so that when you fall off the treadmill due to exhaustion, you don’t die.) But the Band promises to estimate your VO2 Max using nothing more than the built-in heart-rate sensor, and some clever algorithms.

Again, this isn’t brand new: some of Garmin’s fancier workout devices can do the same thing. But those require you to shell out $500 on a complicated watch, then go do a specific series of tests whilst wearing a chest strap. Microsoft’s Band is promising the same thing with nothing more than fancy jewellery.

The band will be available for pre-order later today for $250, with delivery coming October 30. We’ll let you know how it fares when we try it.