Shame its HTC
... guess it will be HTC's usual build quality which is frankly awefull. Shame, they do such a good job of packing in the tech, they forget how to QA the physical hardware.
On the flip side, I am looking forward to this to help push the user experience in the way the JesusPhone has. Windows Mobile devices are being challenged and thats a good thing - look at the Touch Diamond for example, the Omnia and the soon to be Asus Glaxy7. None of these would be as "good" as they are without the JesusPhone pushing them. I hope Google can do some unique and interesting things as well!
(No I don't own an Iphone, I am a WinMob user through and through, I just think the Iphone has helped the market develope)