Ive searched high and low for information about this iPhone and I still can't find out what processor it runs or if there is going to be third party developer support. There is no mention at all of this product on the ADC site.
The fact that the literature says this thing runs OSX means about as much to me as when they said that the G5 was a supercomputer. I can buy an iPaq which comes with "Windows" and ms Word, but this is just branding, it's not running "Windows" nor does it have "Word". Even acrobat reader is not the same in such context. It even comes with Internet Explorer, but what does it really have in common with the Internet Explorer we commonly know? It's branding.
For those of us in the market for a really fancy telephone this will probably be exciting regardless of the specs. For those of us interested in all the things this might be, other than being a telephone, we will probably be disappointed.
In any case, It's all hype until we get some real specifications.