personally, I've been asking for the FM for a loooong time now...
Yes, I STILL listen to FM Radio, because, you know, there are iPhone users OUTSIDE of the USA
and Pandora only works in the US.
AND for the people inside the US, not everyone listens to Pandora, or they just don't have enough coverage, or idk, they have a show they like to follow every now and then on a local FM Station.
When I saw Apple introducing the FM Tuner (w/ Live Pause & Tagging) on the iPod nano last September I was so excited because I knew that they were gonna put it in the next iPhone!
and this goes for the OP, obviously I agree with you about having FM built-in. But, this was not the time to put it in, as it is a Hardware Upgrade, and yesterday was a Software-driven event...
So, don't lose hope, because we have
WWDC!
CAN'T WAIT FOR iPhone HD!!