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There is no doubt the Nokia N8 will be a very important device for Nokia, but not because of its specs and what it will bring to the smartphone market, not even because of Symbian^3, but because it will be Nokia's opportunity to prove that they really can deliver when they set their mind to it. As such, it is arguably the most important device Nokia has ever released to date.
Follow up:
After the failure of Nokia's last flagship device, the N97, (and to a lesser degree, and in my experience, the E72), they really need to show the world they can deliver a good user experience on a new device from day 1. This means making the right decisions in terms of hardware specs, software, and a thorough QA before the release.
Whether Nokia have learned from the past remains to be seen. On paper at least I would have liked to see more RAM than the announced 256MB. But regarding the software, Eldar Murtazin from Mobile-review.com doesn't seem very optimistic, as evidenced in a very interesting interview with the Unwiredview.com.
The fact is that Nokia really will need to nail it this time in terms of user experience, otherwise they might very well permanently cement their reputation as the company that constantly "under-delivers" as a result of skimping on the hardware (CPU and/or RAM) and an awful (non-existent?) QA. I am sure the wish and the awareness of this is very present at Nokia; the question is if they can make necessary changes within the company and execute upon this awareness.
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