I also won't buy it; but i do not see where the unrelenting hate for this product is coming from; i am also a PC user; have been for years; but i have actually used some of the apple products and of the microsoft products because of my work. and they all suck in their own special way, but they all do things well too.
the thing that will make this a moderate success over netbooks is the integrated nature of the software and the relative ease of use over a netbook. windows mobile just shows so plainly how bad microsoft is at scaling down windows to a smaller screen and limited control interface; couple that with depending on outside vendors for the 'gee wiz' applications that might appear on any particular device; they just don't deliver anything worthwhile over a cheap laptop.
this isn't going to be the iphone level of success, but it sure won't apple TV either; a $300 price point would have made it a huge success; a SD slot should have been a no-brainer.
i was surprised that there was no Verizon iphone announcement though.