Based on the countless threads, it seems we're now firmly in this stage of the Apple Product Cycle:
The haters offer their assessment. The forums are ablaze with vitriolic rage. Haters pan the device for being less powerful than a Cray X1 while zealots counter that it is both smaller and lighter than a Buick Regal. The virtual slap-fight goes on and on, until obscure technical nuances like, Will it play multiplexed Ogg Vorbis streams? become matters of life and death.