OpenMoko's NEO 1973 mobile phone has a hefty $300 price tag. It's not locked to any provider and has a Linux open-source operating system that will enable a relatively large number of software developers to write inexpensive and possibly even free applications. It may not be quite as sexy looking as the iPhone but it's no slacker and it does have its advantages.
Implications - The featured video shows off the phone and some of its many functions. Since this is only the first version of the NEO 1973 OpenMoko phone, there will surely be updates in the near future. The phone is all touchscreen and comes with a micro SD card slot, a USB port and 2.5G GSM quad band capability.