I, too, will be keeping my gen 1 iPhone. Just don't see the need to upgrade.yet

Guess I am a Mac geek. Got home from CAVIAR last night. Hmmm, let's see: Up at 6am Greece time. Home 9pm NY time. Uneasy 3 hour or so nap on the flight.
Upgraded to 2.0 at about 10pm NY time.

Went rather easily. But took a bit given all the new writing of code.

Tried to update Andi's iPhone today on her PC.... Groan! Will have to try again tomorrow. Did not seem to work.

Donna & Alan: as you know, the iTouch is merely an iPhone without the phone. It should give you what you are looking for.

When we left for CAVIAR, we shut off the data service on our iPhones to avoid an ugly surprise bill. Had a bit of a task turning it back on. I;m guessing that it is related to the system problem Apple/ATT had with the 3g iPhone. They underestimated demand & crashed the system. That might explain delays some are having upgrading to 2.0.
If anyone is looking to get a new 3g iPhone, perhaps waiting a week would be a good idea.

BTW, just uploaded the Bloomberg app from the app store - if future apps are half as good as this is, I will be in heaven.

Doug