It does have a lot of peoples attention though.
One piece of speculation was about the livelihood of CDMA.
Being that Apple have chosen to go with a GSM provider and generally kep all of their technology as simple as they can... If the iPhone gets significant traction, then every mobile operator is going to want a piece of the action.
Check out this fairly short piece:
http://biz.yahoo.com/seekingalpha/070510/35109_id.html?.v=1
What do you think?