I think it's a fascinating space, in any case. Sooner or later people are going to start getting it right. I wrote up some notes on what I think "getting it right" means right now:
http://journal.dedasys.com/articles/2007/05/03/cell-phone-software-the-right-path
[1] I seem to recall reading about a certain well-known individual who has a neat idea for a language that still hasn't seen the light of day after years, although it's rumored to power some kind of news site.
we (heysan) are building a mobile messaging services, but the guys at iminlikewithyou have done a great mobile integration too.
I'm interested in bth 'pure' mobile startups and those who have mobile as just a feature in a bigger service (dopplr for example).