Now when iPhone is at its zenith and people got crazy about it, there are already some reviews over it.
Surely there are some people who are not satisfied with some features:
Price/Storage - $ 600, 8 GB iPhone holds only 2,000 songs and just a handful of videos and full-length films and surely a two-year contract that you have to sign;

Plans - Apple's web site says a two-year agreement is required for iPhone activation including iPod features. Even if you already have an AT&T account expect to pay an additional $20-$30 for the "iPhone plan" that is Visual Voicemail, 200 SMS text messages, and unlimited data since there is no voice-only plan;

Network - the iPhone does not run on a third-generation network, instead it runs on the slower EDGE network; perhaps because AT&T's EDGE coverage spans across 13,000 cities and towns nationwide, compared with only 165 major U.S metro areas that have 3G coverage. Right, we can expect a second- or third-generation iPhone to have 3G capability;

First generation – never get a first generation gadget. Look at all the improvements Apple have made on iPods and MacBooks. So it’s a matter of few months before we see a better and faster version.

Right, the iPhone does have flaws but it is to change the cell phone market just the same way the iPod changed the digital music market.