I have no doubt Zune is coming to Mobile phones but I do not think we will hear much about it for another 6 months or so. There could be some sort of Zune/XBox announcement at CES. I base this on the premise that integrating Zune with XBox (similiar to NetFlix) wouldn't be nearly as difficult considering Microsoft owns the hardware, doesn't need to coordinate with hardware partners nor contend with a number of licensing issues. Also, I believe that Zune will be delivered/accessible to Mobile phones via a Live Mesh Application. And Live Mesh will likely be in Beta for several more months. I'll admit, all of this is just guess work.