Apple is great at making the old new again. 2-3 years ago you could easily get a Smartphone/PDA that had the same functionality as the iPhone for $300-400, it just wouldn’t have been as sexy or easy to use. Dell made a killer Phone-PDA-in-one there for a while that could play DivX on a 640×480 screen. It looked amazing.
But $499? Cingular only? 2 year contract?
I think I’ll pass. Too much, too late! 🙂
Make it $399 for an unlocked model or $149 w/ contract and I would seriously consider it tho.. Actually, I don’t even know about that. I’ve been device-less since about 2004. I lost faith in handhelds, it may take more than the iPhone to win me back.