Nokia 6680
$600+ (est.)*
Pluses: Sophistication in a small package. This next-generation phone offers a music player, a RealOne video player, and two, count 'em, cameras for taking pictures and videoconferencing at the same time
Minuses: Hardly anything to dislike here, but you pay for what you get, and this phone is uber-expensive.
*Overseas prices. Not available in U.S.