Fail, but I'll probably get one. And only because I can for almost no cash. My wife and I are on a family plan, she has a 3Gs and is perfectly fine with it, and I have a 4. I am contract elegible for upgrade now, my wife in December. We're probably going to sell her 3Gs, and I'll get the 4S, and she will get my 4. When the next one comes out, we'll sell the 4 and pick that up, etc, etc.. Probably minimal to no cash outlay.
Watching the liveblog, I was actually getting pretty pumped. Siri looks to be very, very awesome, and if the AirPlay mirroring works with minimal lag, it could make for great gaming, especially with the added graphics power.
Then they announced the pricing structure, and I was deflated. First, because I knew there couldn't be a 5 with that pricing for the 4S, second, I REALLY expected the 32GB to be base, at $199, with 64GB at $299. I do NOT want to shell out $300 to get a 32GB, though I WANT a 32GB.