so soon all my lightening cables will be useless and I'm going to have to buy all new cables for my iPhone....again?
In Economics there's this concept of sunk costs. Costs you had to bear in the past should not be considered when making decisions today. The only thing that matters are costs that you will bear in the future.
Since USB C is an open standard, there will be more competition from cable providers and cables will be cheaper, not to mention that you will get synergy effects from buying other USB C devices from other manufacturers (read: you'll end up with a tangle of cables anyway, even though I did not buy any single cable yourself, they just all came in the box with the newest [insert device here]).
I agree with many posters here. I wish the iPhone kept the jack, but if the Jack needs to go, then at least it should be replaced by a universal standard, not a proprietary technology.
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Even if Tim says, "it's gonna be amazing product" during keynote?
Even then. But if the connector's plug is carved from a single block of shiny aluminium, then I might consider... not.