Wow! I'm not European, but I play one on TV. I cannot imagine that Europeans are going to be too impressed by the "Event" at the Regent Street Apple Store today. What was announced comes down to this:
Announced the exact same iPhone announced 9 months ago in the US and rolled out 3 months ago
Will be out in 2 MORE months
Significant extra cost (blame the weak dollar and 17.5% VAT?)
Limited EDGE Internet
Limited Unlimited Bandwidth
EDGE coverage is at 30% of UK
Acknowledged that there are fewer hotspot options in Europe
No 3G like 90% of the other smartphones because it is a "battery hog" EDGE will crawl. Rational