One of the things that I have thought was a disadvantage with the Iphone compared to an Ipod is the relative small storage. But last night I was playing around with pipstreamer and an PSP and realized it worked verry well to stream movies over the internet to a mobile device. All the Iphone need to have is the ability to stream from your Itunes at you home computer and you will be able to access your entire library from anywhere. This shuld be no problem at all sin this is an built in feature in most mac pruducts. For music even edge should be enough: streaming an Mp3 in high quality takes 320Kbps / 40KBs A movie maybe 200-300KBs (can some one find the exact numbers for this?) So as long you have decent connection to the internet there is the possibility to enjoy ALL your media via your Iphone.