This is the beautiful Android phone that's going to kill the iPhone? Believe me, I want that phone to exist but I'm afraid this isn't going to be the one.
Google's achilles heal is in the nexus (heh) between user interfaces and aesthetics. For a company that powerful to have such a large and reparable weakness indicates that it may be a culture problem, or a "from the top" problem.
Either way, it's likely to continue to be a problem, and a device like a modern mobile phone-PDA can't have that kind of problem.
I sincerely doubt this is going to impact iPhone sales.
It's close though. Make the body out of metal and have a few more colors as options; that gold just do it for me. Drop the "trackball" at the bottom and make it a little bit shorter and you'd be there... HTC Legend, save for the chin, got even closer aesthetically (http://www.engadget.com/2009/12/13/htc-legend-still-looking-...)
