What we know about the G1 so far:

•    In-store, immediate sales only available in locations within 5 miles of a 3G covered area. If a store is beyond that range, representatives will walk customers through a T-mobile.com purchase
•    One touch access to: Search, Maps, Gmail, Youtube, Calendar, and Google Talk
•    Gmail account and data plan required
•    GPS
•    3.1 mp camera, no video recording
•    No stereo bluetooth (A2DP)
•    Dimensions: 4.6 x 2.16 x 0.63 in
•    Weighs 5.6 ounces
•    480×320 65K color screen
•    5 hour talk time, 130 hour talk time
•    Expandable up to 8GB

First impression: the iPhone is definitely more stylish. Still, I cannot wait to take a closer look at the G1. Will it outrun the Blackberry and the iPhone?

However, we probably should not expect too much of the Dream just yet. It is the first phone of its kind and, at least for now, cannot be expected to catch up with the iPhone that even in its new version has a few flaws (but who cares – it’s so beautiful!). Other Android phone manufacturers can benefit from such flaws by learning from them and improving their upcoming devices accordingly.

The New York Times further states that “the new phone is an important step in Google’s plans to expand the company’s presence beyond the personal computer and into the mobile universe. Google executives have been vocal about how the mobile Web is key to the company’s plans for growth, as well as expanding the market for its products to a global audience.”

That being said, Google also released an updated beta version of its Android mobile software developers kit, which includes a new home screen and several new applications such as an alarm clock, a calculator, a camera, a music player, a picture viewer, SMS/MMS messaging, and other tools. JR Raphael (Inquisitr): “The Android phones might just offer an interesting alternative [to the iPhone].”

Now, that’s a dream!