I would miss being able to have several apps running at one time, the ability to play pretty much any video format without having to convert to mpeg4, flash, tethering, replaceable battery, and the fact that I would have to have itunes on my laptop and use it to put anything on my phone, and the ability to totally change and customize my phone to my liking.
Those are just the things I would lose switching to an iphone from my antiquated HTC Vogue! The list of things I would miss will be even longer after I renew in sept. Things like a larger HD WVGA screen, better camera, and physical keyboard, to name a few.
Plus I'd miss NOT being an apple/at&t customer/prisoner/homo