Well, as long as I could still get the visual voicemail. I guess that would be okay. Wait, No! I too think I'd rather just have the phone bundled in.If Apple released an Ipod with a full screen and touch controls,wifi etc. Would you buy that instead of the iPhone?
I don't think the excerpt articulated your position. I find that one device is easier to carry than two. And I don't think an incoming call while listening to music, watching a movie, or playing a game would be much more of an interruption. If anything, it's more convenient since I'm already holding the phone and the whatever I'm doing can be paused. This is one of the very cool features Steve showed off at the keynote.I would prefer the device without the phone. This way it would be much easier to carry. Much like one carries a PSP or other entertainment device. Plus then one could carry a very nice small phone for calls and texting. Therefore if you were on the web or playing a game etc, a phone call would not be a complete interruption.
Here is and excerpt from an article articulating this:
" The iPhone is an attempt to create a phone + media entertainment device. It'll be interesting to see how the iPhone does in the market -- it was an obvious move to combine a communicator with a phone, but it's not as obvious that the entertainer is a natural match with a phone. The danger to Apple will be if users see iPhone as the worst of both worlds: a phone that lacks a good keypad and an iPod with very small memory. "