Looks nice, but...
I couldn't help think that if the videophone and internet performance was so flaky in a room Apple must surely have loaded up with access points and made sure there was ample bandwidth beforehand, it'll be terrible in the real world, and maybe Jobs's slightly panicky demands for everyone to switch their wifi off were a sign that he realises this. I could be wrong, of course. Thinking of how bad wifi performance often is in hotels (surely one of their target users of such technology is the travelling employee wanting to phone home) in my experience it could be as bad as video calling was back when I had a Sony Ericsson K800.
As for the rest of the new features I personally didn't see anything to make me prick up my ears and consider getting one. I mainly use my phone as a phone, you see, so all this talk of HD video editing and so many more pixels was frankly a little wasted on me. Granted, there are people who will find a need for these features, but when I look around the train each morning and see dozens of people prodding at their iPhones they seem to be texting, playing music, or surfing the net rather than anything else, so although the phone will doubtless be a hit with the "it's Apple so I NEED IT" crowd (and I can't help but think that if the exact same phone had been made by, say, Samsung this thread would have had a tenth as many posts on it and the launch wouldn't be in the BBC news site headlines) but how much will they really use those features?
Still, it looks pretty. I'm staying elsewhere though - my current handset does everything I need, ta.