In the face of overwhelming specs, what makes a smartphone 'smart'?

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With the announcement of LG's Secret, with 5mp cam, auto screen rotation, DivX VGA video playback, TV out, Office viewers, etc, I've been musing on what makes a smartphone 'smart'. How does my Nokia N95, for example, compare? I've been playing with the Secret's older brother, the Viewty and have been able to draw some conclusions.

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