Dare Obasanjo is spot on - the mobile web is dead, because what we want is the regular web on smaller, better devices:
The key feature that the iPhone and Android have in common that separates them from regular "smartphones" is that they both include a full featured browser based on Webkit. The other features like downloadable 3rd party applications, wi-fi support, rich video support, GPS, and so on have been available on phones running Windows Mobile for years. This shows how important having a full Web experience was for mobile phones and just how irrelevant the notion of a "mobile Web" has truly become.
This is exactly why I keep vaccilating about my next phone. I want an international capable, web capable phone. That makes me lean towards the iPhone (the TMobile network is too much of a bad joke for me to consider the Google Phone right now). That takes me to my current Verizon phone - it sucks, but the network is the best in North America.
So that's what I'm pondering - is the AT&T network good enough on the phone end? I'd really like to have a usable web browser on a phone...