The Zune good:

• Wireless capabilities
• Content subscription
• Easy media sharing
• Plays MP4 & AAC formats
• Microsoft-backed product
• Forces Apple to do better
• A unified experience

The Zune bad:

• No podcast management
• Another closed system
• Completely new ecosystem
• Not cross-platform
• Smaller capacity than iPod 5.5G
• New software to install
• Yet another device to manage
• Just launched, few accessories
• Likely won’t dent iPod market share
• Questionable battery life
• Not clearly better than the iPod

The Zune needs:

• Wireless downloading on-demand
• Built-in DVD ripping
• OS X port of management tool
• Support for RSS, enclosures
• Mini-games support (like Clix, iPod)
• New firmware, software features every 6mos