The hardware looks decent and I like the zune integration, as ugly as it is on such a small screen.
My major problem was the presentation and target demographic. The target demographic was downright insulting and embarrassing. I mean, does Microsoft really think its neat that their new phone makes it super easy for jerks to take pictures of fat people at Chipotle and share it with all their supposed "friends." I guess its supposed to be really funny or something.... or maybe I am just old and don't get it?