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1) Tethering (use phone as 3G modem). Free
2) Non approved apps (MyWeek week view, intelliscreen lock screen diary, etc)
3) SBSsettings (toggle 3G, wifi, brightness, etc). Free
4) xGPS (turn-by-turn voice nav using googlemaps). FREE!!
5) Categories (organise app icons into folders). free
6) and if you're so inclined (can't be bothered myself) there's a world of pirated apps (called IPA's) that xIPA allows you to install like any other app
7) Clippy (system wide clipboard - great). COver off SMS forward and many other complaints
8) 5-row qwerty (awesome keyboard alternative with stunnign layouts)
Many other reasons like customising the look-n-feel (REALLY can't be bothered). Bit of a no-brainer. If it goes wrong you just restore iPhone and go back to being a little crippled.
Some of this will be covered in v3.0 being press-released (but not actually released) in 4 days.
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