There are already some silly remarks flying about the £269 (inc. VAT) price being higher than the current U.S. $399 price, but of course it isn’t significantly higher once you take account of VAT.
As for the 3G versus EDGE question, we’ll have to wait and see how that pans out, I think. 3G coverage in the U.K. is a whole world better than EDGE right now, so it’s a bit of a shame that they aren’t launching a 3G iPhone, but they’re right about the battery life issue, and O2 at least has its own WiFi network, which we’re told will be available to iPhone customers without those annoying web forms.
Will I get one? I’ve been pondering that question for some time. I think I’ll wait for the next model, or maybe the one after that. That’ll give Apple a chance to release a 3G model with more storage, and it’ll give the mobile companies a chance to improve their WiFi, EDGE and/or HSDPA coverage.