Maybe not any competition. But most definitely the stake in the ground to base value comparisons against.
Nokia has a restricted color depth screen, smaller screen dimensions MUCH larges size/weight, ONLY 3 hours browsing time (40% less) a whole 256Mb of flash storage
Opera for browsing which is OK itself, but a three year old version of Flash
???? Flash is on version 9 not 7 guys!!! How much content is going to come up not working? Hey you do get a small target stylus-based keyboard to work with! And a second stylus to replace the one you you will invariably loose!
for only $100 less than an iPhone -- and it can't make a call out of wifi range....
Can we get the iPhone is too expensive bashers back for another round now???