H D Moore got an iPhone. This is both good news and bad news for Apple.
The bad news is that once some remote vulnerabilities appear (including clientside vulns), and get coded into exploits, the Metasploit Framework is ready for them with some iPhone-specific payloads. Let the iPhone pwnage begin.
The good news is that I think this will help keep the iPhone more secure. There will be clear motivation to keep this thing patched, and researchers and Apple’s own developers can more easily demonstrate the exploitability of any particular vulnerabilities.
And the really good news is you can update your iPhone. Easily. This is a first for the mobile phone market and a clear security advantage. Even if Apple makes mistakes (which they have and will), they can fix them far more easily than other mobile phone manufacturers.