The device we want (except for the keyboard) exists but it is not for sale, just a concept phone built to show off the capabilities. It is beautiful as well. Maybe we won't have to wait for years.
4" VGA, 256meg, two sdhc, HD hardware encoding, 750mhz, 3D interface by NVidea, ect.
http://www.pcmag.com/article2/0,2817,2258019,00.asp
"Pardon me, does anyone have a napkin, I'm drooling all over myself."