yes, when you contribute to a thread an automatic watch gets added.
but the watch page, just lists these threads, doesn't provide any status about the thread, last post time, or poster.
Here is the detail from the "bookmarks and watches" page, I am using <> to show buttons.
[Post]custom tag and getAttribute <Edit> <Delete>
You are not watching any forums.
You are watching the following topics:
[Post]
ant build files and where to put them <Stop watching this topic>
[Post] ant messing up
tomcat <Stop watching this topic>
[Post] abstract class <Stop watching this topic>
[Post] Accidentally deleted code <stop watching this topic>