Here is a five minute video of the NYTimes coverage of the iPhone including Steve Jobs keynote speach. The video does not include any coverage of the lawsuit that followed the launch of the device shortly there after.
The iPhone may or may not be a success, but this keynote is definitely a great example of the right way to launch a product and demo it to a crowd that already expects the device.
It is almost unfortunate that Apple was not able to put aside some of their other regulatory and legal trademark issues that are now detracting from the launch. Funny how LG, didn’t have the same problem nor the same buzz for its very similar device that doesn’t hold a name trademarked by a different company.