The announced Zune HD will also be coming only "later on" - this fall.

That's enough time for Apple to come to market with an OLED iPhone and iPod Touch first. Whatever their configuration/specs, a new iPhone and Touch should be available by October of this year.

The Zune device won't be able to connect to MS' new marketplace so it will only have a few games that come with the device (like current Zune models).

I believe MS has the capability to create a really great portable media device. They just won't. For whatever reason, someone just won't pull the trigger on the right decisions. They're forever playing catch-up and it seems that's how they want to keep rolling.

I'm really eager to see how they handle the music playback interface on this new Zune. The older ones looked like they had already done better than the Classic iPods. It's not terribly difficult to top the iPod UI on the Touch/iPhone, so I expect we may see something quite interesting/compelling.