That was some post yesterday, huh?!
So, I've read around some sites and watched some of Steve Jobs' presentation, and as I suspected, I feel more positive about the developments now. The thing that cheered me up most was that the mt-daapd site is already talking about the next version having fixed the problem with iTunes 5, and nightly builds are already working, so I'll be checking that out very soon.
The iTunes phone still leaves me lukewarm, and I still stand by my other comments, but I think I summed up the iPod nano nicely when chatting to Jimbo earlier.
What I said was that if you'd never seen an iPod, and all the models were put in sealed boxes in front of you so you couldn't see them, but the specifications and price were written on the boxes, I doubt you'd go for a nano. But that's the whole trick isn't it? - Apple just design stuff that's, well, gorgeous.
Update - I have updated my Linux box to mt-daapd 0.2.2 from the nightlies site, and it works like a charm with iTunes 5. I'm a happy chap again :)