The new iPhone 3G is coming out on Friday. It will support ActiveSync with your Hosted Exchange mailbox. Exciting times!
Here is a link to Apple's video about the new phone: http://www.apple.com/iphone/guidedtour/
There is question about whether the Consumer Data Plan will work for ActiveSync. It may require the Enterprise Data Plan. I called the local AT&T store and posed this question, and the person I spoke with very obviously had no idea. Please check with them when you purchase your new iPhone, to make sure it's on the correct plan. As soon as I get confirmation from someone about the requirements, I will post the information here.
For current iPhone owners, there will be a software update available that will add ActiveSync to your phone.
Review by USA Today: http://www.usatoday.com/tech/columnist/edwardbaig/2008-07-08-iphone-3g-review_N.htm
Review by NY Times: http://www.nytimes.com/2008/07/09/technology/personaltech/09pogue.html?_r=1&oref=slogin
Review by Wall Street Journal: http://online.wsj.com/article/SB121555740704037313.html?mod=2_1571_topbox