If most mobile designs were better than this, then yes. Sadly while I do most of my casual browsing on a mobile device, I usually wish the web devs would stop trying ... just lower the bandwidth of the original site (I want this anyway) and give me that.
The nokia 3210 is very popular.
WAP! I had totally forgotten about it until you mentioned the 3210. It's an interesting take though, because there are technologies that are effectively abandoned that might still be pretty useful in certain areas of the globe.