David Pogue has an iPhone FAQ up on his blog.
A few disappointing items, assuming he’s correct:
Can it run Mac OS X programs? –No.
Can I add new programs to it? –No. Apple wants to control the look and feel and behavior of every aspect of the phone.
Does it have games? –No.
Does it have GPS? –No.
I was pretty sure it *did* have GPS, so that’s a bit of a bummer. And the idea that it’s not open to third-party development is pretty disappointing too, assuming it’s correct. Oh well, maybe I should start thinking smartphone!