If they make more devices the money it takes to make one decreases.

Hardware becomes cheaper over time, so that they aren't taking anything away doesn't mean that this costs the same; it probably costs cheaper in 2009. So you don't know if the OMAP3 with RAM and blahblah costs the same, less, or more as when they manufactured the OMAP2 with RAM and blahblah. So that part is moot.

Nevertheless, you have a point because a 3G modem, high quality camera, new OS all are new, and do cost a considerable amount of money more (based on other devices which do have these features added). Still, these prices go down too, and how this would add to the price is not clear.

Does HSPA provide seperate channels for phone and data? I thought GSM is for mobile phone, and 3G is for data. If thats true, then a HSPA chip not supporting GSM would be OK...

I bought a E51 today (for PIM, phone, and 3G). If I like the N97 a lot I will buy it and sell my E51. Else, I keep my E51 and consider to buy the new M5 because I can put off my data plan monthly (which is good cause it costs only 10 EUR a month, max speed, while the FUP & its known limit is acceptable for me; Vodafone BloX ftw). But both N97 and M5 seems overkill... still, warms me, to see Symbian and Nokia heading to this direction...