Browsing speed is not the only thing that matters. If the iPhone is going to be fully independent of a computer, it also needs decent raw download speeds, and while it can process data faster than most if not all phones right now, HSPA and EVDO phones are still downloading the data faster than the iPhone. This makes it impossible to really tell the difference when just browsing, but when downloading files from say, iTunes, or really any large chunk of data, it becomes obvious. The iPhone's iTunes Store right now is limited to WiFi because of EDGE's speeds and it can't download movies, tv shows, or podcasts at all right now which means you still need to sync with iTunes for those files so the iPhone is still tethered to a computer which is backwards for any mobile device, even if it does create some convenience for the owner as there's always a full backup of the data on the iPhone on the users computer, there are more phones than computers in the world.
Sebastian