Well, I just picked this little beauty up this weekend. For those who haven't heard of it yet, check out http://www.sony.com/mylo
I've been playing with it, and am quite happy with it. Battery life listening to music is 45 hours, and will go down to about 3 hours if you're Skyping like a madman.
It does require access to an 802.11b network to use the messaging, Skype and web browsing features, which can be problematic depending on your area. The web browsing is a bit tricky on such a small screen.
Video quality is excellent IMO. The keyboard is actually a lot easier to use than you'd expect for it's size. I was taking minutes for a 45-minute meeting and keeping up quite easily. No fat-fingering problems with the keyboard at all.
Storage is not bad. It's no iPod, obviously, but with Sony Duo memory sticks, you can take quite a bit with you. It looks like I should be able to load up about 200 songs on the device itself, and probably a similar number on 1-gig Duo sticks.
Anyone else had a chance to play with this yet?

