Even if it was £399 it would still be over priced for what it is!
16GB?!?!? Thats disgusting!!!
It's not like it gives the user ANY advantage over using laptops (like the iPhone did with phones). It's basically a really expensive netbook with crappy specs...still no Flash player either....
They should have gone all out and made this into a proper laptop alternative with much better specs, DVD drive etc...as nothing more than a large iPod it's a step backwards for Apple...things are supposed to get smaller!!