I disagree completely. If you look at the facts on what websites that are being used on iPhone the vast majority of sites are mobile websites or sites designed specifically for the iPhone - not normal webpages.
Mobile web is not WML
Mobile web = XHTML
I work for Heysan and we've been seeing a tremendous growth in the last 6 months. Mobile web is for more than 100 million people in the world the main way to experience the internet. In a year or two there will be more people having their first experience of the internet on a phone than on a computer