it is? without jailbreaking, today, I can:

I can use it to remote desktop to my macs at home and work via ssh+vnc?
I can type extensive notes on it via physical keyboard?
I can use it to fix servers at work via ssh?
I can download and build a huge library of software for it?
I can develop directly on it in python?
I can use it as a replacement for my personal unix box, customizing and tinkering with it at the command line?
I can use AIM, Yahoo IM, MSN messenger, and Jabber on it?

All of that is news to me. And yes, those are things I consider to be necessary for me to purchase a device in this category. When the SDK fixes some of that, and when Apple finnaly puts bluetooth on it, then I'll consider it to competition. And not one second sooner.