Whilst I'd love an iPhone.. this one is too busy.
I don't think the current iPod click wheel + number key pad looks good.
Before they came up with the click pad version...
maybe they could have left the four buttons along the top of the scroll wheel like on a 3G iPod... but then had the numbers spaced around the scroll wheel like the old rotary phones... but access by click function.
so you would press the numbers spaced around the click wheel... with the current four function placed back above it (like on the 3G phone). I think this would be more Apple like - simple, elegant, and thus I would have to buy one.