iTunes Phone: Lame or super cool?

Far be it from me to support rumor mongering, but have you heard the latest hubbub about the mythical iTunes Phone? We all know there is going to be some sort of announcement on the 7th, and many are assuming that the long awaited iTunes Phone will be unleashed upon a voracious populace, but what if it sucks?

Forbes is reporting that one of their 'sources' (I really need to get me some of them) got their hands on a prototype iTunes phone and it could only hold 25 songs. Sure, it only had 128 meg of onboard memory, but when you swapped out the memory card for something larger it could still only hold 25 songs. The conspiracy theory is that Apple has imposed an artificial cap on the songs that the phone can hold so as not to bite into the iPod shuffle sales.

Only time can tell.

Thanks, Paul.