"Has it all"? Probably haven't heard of VGA, WVGA, keyboard (ok for those who need it), DVB-T (great) etc.
I read above that VGA 2.8 is... "hard for the eyes?"... Erm... Why? I see my Touch Pro here and the paper-like display that you can't see a pixel even if you look hard and cannot think in what way it is hard for the eyes. I'd say the exact opposite. Nobody forces you to make things smaller on the display (but in fact you CAN if you want), you just get the MUCH greater DPI which is A-L-W-A-Y-S good.
If someone has seen a GPS program, a video or even a picture on a VGA screen (3.5" or even 2.8") is hard to look away. All other talk is propaganda of those who haven't seen it (and comes to "why" when we talk about web sites).
"Wide" is an interesting concept, but I am willing to accept the risk of running on a much-less-than-standard resolution only if it worth it (read: WVGA), not when it is just a marketing trick (like DIVX certification, like it is a problem playing DIVX on other devices with the appropriate player hehehe).
The huge internal storage is also nice, but just that... "nice". When you have microSDHC (and thankfully they have one, unlike the stupid decision on Diamond) the internal storage is just a number on the specs. I would choose larger RAM any day (read: better multitasking, better buffering etc.).
The camera of course IS an innovation among WM, hopefully others will follow. On the other hand, mobile devices will always be behind nice little (and nowadays cheap) digital cameras so why the pointless race?
Stylus outside? Stuuuupid move.
Trackpad? Stuuuuuupid move.
iPhone like case? What were they thinking? Not for me. I don't want to be a wannabe (even if the wannabe has better specs than the original), I prefer originals. I wonder how will its users feel when everybody will ask "is that a new iPhone?"
I love the battery btw although for the size I would expect even more (my 5 years old LOOX720 has 1640mAh).