I am excited about the 3G version of the iPhone. With faster speed and enterprise integration it has almost everything I want. My remaining issues can probably be overcome by some software upgrades. In particular I would like to see copy and paste and would prefer a horizontal keyboard with larger keys for typing emails. Given the new pricepoint I expect we will see a further uptake of the phone, although I have to understand the data plan especially when it comes to European travel. I am pretty sure that with this version the iPhone will provide the disruption of the US mobile market that we have been waiting for for years. RIM will respond with an improved BlackBerry, as will Nokia and others. First and foremost this will mean quality web browsers on all Smartphones. That will profoundly change the way we use the web. GPS will also become mandatory. Now if only Apple decides to expose the GPS and the accelerometer through JavaScript then amazing things could happen. Apple may be trying to keep these limited to native apps so as to provide more of a reason for native apps, but the download and install model is not as attractive as browser based magic. We have seen that on the desktop and I believe the same will ultimately be true on the phone. All of this is great news for entrepreneurs and investors in the mobile space.