Not at all. I would NOT give up my iphone, but Colorex is lacking an RC airplane. He gave the impression he has the new iphone, but has since clarified.
I have a HTC EVO that has been Jailbroken (I can download most apps for free that I use) My phone could do 99% of what the Iphone4s 4s does today 1 year ago! and since the Android operating system is open source I can upgrade and change stuff as I want without voiding the mfr warranty.