Much as I like my iPod Touch and would be very keen on a new iPhone it's a slightly grey decision for me as I'm actually reasonably happy with my HTC Tytn II so here's my personal "pros and cons" view of the iPhone in order of importance to me:-
Pros
===
Exchange synching
Great UI/OS
All mobile gadgets in one box
Design/size
Brilliant browser
Great connectivity
Cons
===
No automated profile settings (yet - may be an App Store app in future)
No cut'n'paste - a biggy for me
No horizontal keyboard for texts
Limited ability to upload files/pictures
Change away from Vodafone to O2
Apparently limited ability to edit Office documents
No Flash in browser
Other things like poor camera, lack of MMS &etc are of very minor import to me but do affect the overall impression of the iPhone:- that it is a very cool tool but not quite all it could/should be.
Pros
===
Exchange synching
Great UI/OS
All mobile gadgets in one box
Design/size
Brilliant browser
Great connectivity
Cons
===
No automated profile settings (yet - may be an App Store app in future)
No cut'n'paste - a biggy for me
No horizontal keyboard for texts
Limited ability to upload files/pictures
Change away from Vodafone to O2
Apparently limited ability to edit Office documents
No Flash in browser
Other things like poor camera, lack of MMS &etc are of very minor import to me but do affect the overall impression of the iPhone:- that it is a very cool tool but not quite all it could/should be.