Are you watching instances or pointers?
If you 're watching pointers then right-click on the watch and select "Dereference 'your_watch' pointer".
It is not a pointer, but that is good to know.
I can give you an example of what I want to do. I am using TinyXML and I know you know that library. It links all things to the document level so I want to see the value for FirstChild. This is a class and all the watch does is display the memory location of the class. How can I ever debug a full document. To find out what nodes each child has. For example in the 'next' and 'prev' members of an element.
I am sure I am just not doing something right or understanding the watch window.
I also have a suggestion, is there a way that you can add the locals to the watch and only open the tree the first level that way the whole class isn't expanded and you can easily see the members. Just a thought. Let me know what you think.