Bob, apple tried to get cisco's blessing for a long time and since they would not agree to apple's terms Apple released it anyway (Steve always gets his way and if he doesnt he will do it anyway regardless of what law it breaks)
So true, and frankly, I've always admired him for his chutzpah. Personally, I like a phone to be a phone, and a player to be a player, so I don't think I'd be interested in it, but the "eye candy" factor is certainly a 10+. Congrats to Apple!
Edit: Posting at the same time...
Considering that Cisco already has the patent and a product by the name It will be next to impossible for apple to win
Probably true, but if Apple has to change the name, it'll make them look like the underdog in the minds of the target market for the iPhone. Sales will be spectacular, even at $500 a pop, which of course, is all that Apple really cares about, and I'm sure they've already factored in litigation costs in the business model.
It will be interesting to watch this one play out.