An app that smoothens the displayed altitude using BOTH the GPS ELEV and the BAROALT together would be exceptional.
IE:
GPS ELEV= 51 m
BARO ELEV = 49m
IQ ELEV = 50m
This way one can CALIB once (or if he knows his starting elev keep the auto-calib OFF and just enter his initial altitude) and the GPS/BARO will deliver ELEV together and more precisely to the watch data fields.