iPod Touch
The iPhone met or exceeded the hype in most instances. After living with the godphone for a few months now, I have very few complaints. I wish it was louder with less distortion. That's about it.
I saw the iPod Touch today and admit it's a sexy device. It's half as thin as the iPhone and noticably lighter. The screen is the same beautiful 3.5 inch the iPhone sports.
So why didn't I buy one? One simple reason. Storage. At 8GB or 16GB I have no need for it. My iPhone covers that space. What I really really wanted was an 80GB iPod touch. For that I would have sold my current 5th Generation 60GB iPod. While the iPod classic is nice - it's lighter, thinner and has more storage - it doesn't really offer much above and beyond what I already have. Sure, battery life is much better, but I don't really need that.
I think Apple really missed the boat on the iPod Touch. Sure, they'll sell a crapload of them, but I think they'd sell a couple craploads if they offered a high-capacity version which is thicker, but has the storage people want.