So we have MobileMe setup. I still use GAFYD for my main email, but I had Emily use MobileMe with my old iPhone. Today a glaring omission was pointed out. No rich text, formatting, coloring, smileys, font changing, italics, bold, underline, etc to be found.
There are options to send, draft, spelling, and add contact. Also in the Mail preferences, there is a “Composing” tab, but no settings for formatting at all. For some people, this is the show stopper feature they want. You would expect any first rate email client to have these things. Of course, some people don’t want these settings, but if they are there, then you can turn them off, but if they aren’t there, you can do anything, and you go back to Hotmail so you can send smileys and 24 pt wingding font in red :)