Nexus One a Good Phone Or Just Cool Wallpaper?

Googles new phone the Nexus One has been out for a while now. Currently supplied for no contract at a hefty $700 or through T-Mobile for $399. It will be arriving on Verizon and Sprint soon. Now as you may have guessed its main competitor is Apples iPhone. But does it really compete? Well googles phone has a 5.0 Megapixel camera a 640x480 LED screen and googles operating system. which in comparison to the iPhone seems quite impressive but there are also quite a few things the iPhone has that the Nexus doesnt. For example theres no Multi-Touch or great iTunes integration. It also has no where near the quantity/quality of apps that the Appstore offers. Although the Nexus has some nifty features like the colorful moving wallpaper and stupid little fun apps it will never beat the functionality and awesomeness of the iPhone.