Now that we all have our iPhones and are discovering what they can do, attention will turn to what they cannot do. And that, in turn, will lead to the fact that there is no third party development of native applications for the device.
Of course, you can use HTML and AJAX to do web-based applications. [...]
Radar Bug ID# 5301190. Join in on the fun, submit your own!
Update: Hallelujah!