Not only that :
– it has no USB port for a memory stick
– no storage card port
– no 1080p playback (HD)
– no video out port (although you might be able to dock and produce VGA)
It doesn’t support flash (Apple hates flash – it isn’t theirs!), it doesn’t even multi-task (running iPhone OS 3.2) .
The only thing going for it is that it’s a good idea, and it’s got the apple badge so initial fanboy (and fangirl) purchases will produce revenue, so it probably will remain as a product going forward.
However, I’ll wait until version 2 or version 3 when apple have acknowledged that they need to play with the wider IT world and provide a consumer gadget with basic connectivity.