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Well I have one of the iPhones. Personally, I can't wait for Apple to develop some sort of tablet - either a UMPC or a reader. They will do it right, and the touch interface will be great.
As far as the $50/month, if you already have a cell phone, you are probably already paying that, so I consider it a wash - in fact my iPhone contract was $10 less a month than my previous contract, and includes unlimited data - my previous contract had NO data - (although to be fair, my iPhone has 50 less text messages a month and 50 less minutes a month, but I consider it a fair trade, as I never used that much of either of those features).
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