I know that miniaturization is pretty tough, but I hope that we get to the point where I can buy something as nice as a Galaxy Nexus for about 200 off contract.

I know that miniaturization is pretty tough, but I hope that we get to the point where I can buy something as nice as a Galaxy Nexus for about 200 off contract. 600-800 for a cell phone is tough to swallow when I can buy an awesome laptop like a thinkpad X230 for the same price range, the latest iPad for 100-300 cheaper, or a macbook air for just 200 more. Is there really 600-800 dollars worth of technology in a smart phone, or are the margins really high? I honestly don't know one way or the other. I do know however, that the Galaxy Nexus is the best phone I've ever used, and the fact that it was 349.00 when I got it played a large part in my decision.