The iPhone seems pretty cool, but defiantly not $500-$600 worth. Especially if the website linked below is true or fairly close to the truth.
http://www.mobilemag.com/content/100/340/C12798/
"The actual cost of materials for an 8GB model is estimated at just $220. The 4GB version is even less, naturally, at just $200. This is based on some rather limited information, but it's not a blind shot in the dark, because Portelligent actually took an iPhone apart to look at each piece -- like the Samsung NAND Flash memory -- pricing them accordingly."
Obviously the real cost is unknown, but if that's close to the actual cost. . . There is no way I'm spending money on the iPhone, especially when I drop the phone I use now at least once or twice every couple of weeks and it's always in my pocket getting bashed around and getting crushed when I'm at work.
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