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Convergence is the holy grail. It is true that converged devices continue to compromise. But the compromise is shrinking as we move into the future. I had a Kyocera 7135 quite a few years ago, a very early Palm-phone. I was very disappointed in the convergence. I have an iPhone today and I am much happier with what it offers.
I'll stay excited about the prospects for convergence in the future. I love my Sony e-reader but that doesn't mean I would reject a converged device that did that much and more.
BTW, sound quality asymptotes to "good enough," for example in most vehicles I defy you to tell the difference between an original CD and a well-ripped (192 KBPS VBR MP3 or equivalent) track played through the iPod or iPhone into an MP3 optimized head unit. I agree the iPod or iPhone is not the pinnacle of mobile audio quality. Cowan's devices probably are. But it is good enough for me, even listening through my Etymotics ER-4P's (a mid-to-high end canal-phone) or the custom stereo I installed myself in my last car (Alpine CDA-9887 HU properly tuned, JL Audio 10W3v3 sub, Focal KPS separates in the doors, JL Audio 150/2 and 300/1 amps).
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