I just got a new Samsung SCHu-740 through Verizon, and was I surprised when I found out I could download games on the thing! I always though the likes of Snake and poker were the limits of cell phones, but after downloading Might and Magic, Sims 2, Path of a Warrior, and other, I was proven wrong. Though they may be shorter and less flashy than their handheld brethren, they're still pretty fun. There is a lot of potential. Perhaps one day mobile gaming and handheld gaming will be one. Or maybe Spore will come out before Christmas.
But who can say? I know I'd pay good money for a Nintendo brand gaming smart phone.