Apple has no incentive to not make this product suck, just like their last few phone integrations. First off, it will only be offered on Cingular - which sucks because everyone admits, even cingular fans, that Verizon has better coverage, quality and speed than the gsm network but Apple has to use gsm because its more international and thus they can dump the product on a european country when they realize they only sold 12,000 units instead of 12,000,000 units.
Plus the whole itunes store concept wont work on a cell phone because you need a connection for it, which there is none on any subway in the country currently and that is where most people are standing around doing nothing and willing to search on their phone for music (try doing that when youre driving or jogging?). Not to mention the price of the phone which will undoubtedly cost more than an iPod and the surcharge on each track you download (because even if cingular doesn't want a cut and thus the price stays at .99 cents a track, you still need to buy an internet plan per month of around 20 bucks, so if you buy 20 tracks one month via your phone, you essentially paid 2 dollars per track instead of 99 cents).
Im a huge apple fan and everything I use is Apple - but this phone is going nowehere, admit it.
