I do think it's odd that everyone is freaking out over the 'no real keyboard" thing. Watching that video and reading the quotes, I feel like it comes down to something that Jobs said: "You have to trust the keyboard..."
I feel like a virtual keyboard is something you have to get used to and not micomanage, in a way. Just type, and trust that it is typing what you'd like. Make a few adjustments here and there and it'll be fine.
Although did anyone notice the ratings on texting with the iPhone was the only area the iPhone got beaten out by other cell phones.
Do you think this is due to the keyboard, or maybe the texting function all together?
-C