No no no, there's no way a Facebook phone would take off (especially in the already crowded market). Facebook's environment is built around iterating quickly,

No no no, there's no way a Facebook phone would take off (especially in the already crowded market). Facebook's environment is built around iterating quickly, with okay solutions, and checking for bugs by pushing it out. It's a great hacking spirit and probably fun to work with, but is really ill suited to hardware and consumer products (look at how long it even took Google to get used to having discrete releases)