I love the concept and hope it's real. However, remember the Moto Vader? Damned thing was so small, you couldn't use it. Someone in a magazine described it as "so small your chiguagua might swallow it by accident". The iPhone has to have a big enough screen to fulfill its current "mission" - touch screen phone, video player, internet device with a real browser (Safari + flash this software update please) and touch screen iPod with friggin' coverflow. If they want to mini-size it and dump everything but phone functionality, then maybe. But imagine trying to use a nano-sized thing as a phone!??!! Not for me, thanks!