First and foremost I must stress I am all about style and build quality when it comes to phones, and this phone has both in abundance. Its magnesium frame and almost rubber feel just oozes quality. As for the phone itself, it has everything you would expect from a Sony Ericsson, the new media interface with the accelerometer looks the part and works really well, big screen is perfect for viewing your pictures on too. The screen is made from a hardened glass to prevent scratching. I must admit I do obsess over keeping the phone in good condition, but the hardened glass has helped me in that not one scratch has appeared in 6 months use.
Some of the perceived downsides are a supposedly weak camera, yes its only 2mg pixel but I still find it takes fairly good photos, if you want your phone as a camera replacement then obviously this is not the choice (k series perhaps). I have seen some reviews stating software crashes, I experienced one such just after having the phone around a week, however I used the built in update service, updated the software and not only is the menu lightening fast now but it has not crashed since.
This phone is as close to perfect as you'll find at the minute (25/04/2008 11.42)