Excellent, thanks for confirming. So I would say if you want to schedule a task for a specific time of day, like noon, Calendar can be great. And for simple time offset, like 4 hours from now, using Date().addingTimeInterval(..) seems better.

Issue is still present on iOS 15.3. I've submitted a Feedback report to Apple.

Thanks for the response, however all that you have mentioned is already known. I am specifically asking about status icon display precedence and icon cycling in the Watch face.The status in the control center is unrelated.