I don’t quite follow how the iPhone 4 is bested before its even released… aside from maybe holding a signal 
Its CPU is a bit under i guess, snapdragons have been around at 1ghz for a while…
I don’t think the GPU is particularly bested by much out there at the moment… it definitely needs improving, the balance in the 3GS was much better, fillrate vs pixels. But I don’t think there are any other handsets that have a significantly improved GPU do they?
Few smartphones seem to have as good a video quality, and i’m really happy with the improved still camera, though some have higher resolution, i don’t think they achieve this without other sacrifices.
Beyond that I don’t think much beats the dpi of the retina display, though some super amo leds get close don’t they? But i believe their subpixel arrangement leads to a lower looking resolution even though they get close.
Some have bigger screens, which is cool but perhaps less so to carry as a phone…
Facetime seems a smooth and impressive solution to video calling which seems to just work well, and have a good picture quality and framerate and lack of lag.
Antena issues aside i think the asthetic of the iphone is really nice, it was certainly time for a change, and i think they really delivered on this, though perhaps at too much of a cost with this antena problem. Though to be honest i’ve yet to have any problems in use, even tho a death grip can be catastrophic on my phone.
So sorry, don’t know why i’ve gone on, but in what way do you think that iPhone 4 was beaten before it was even released? Maybe i need to pickup an android handset to see what life is like on the other side… at the moment whenever i see it i guess i just dont get past the difference to the iOS that i’m used to.