Stand back, this one is going to be big.

Google's made a big splash on the scene with the announcement of its Android-powered T-Mobile G1 (formerly known at the HTC Dream), which will cost $179 -- a fraction of the venerable iPhone -- and hit shelves Oct. 22. On first glance, it doesn't look that ground-breaking -- but, it "a touch-screen interface, a QWERTY keyboard, Wi-Fi, 3G, GPS, a music player, and support for third-party applications."

Meanwhile, shares in Apple are falling, and some analysts are worried the perennial growth-leader in gadgets and laptops might be hitting a significant bump in the road.

Who will win the phone wars? And, more importantly for me, when will someone release one for Verizon so I don't have to switch cell carriers??

More in full coverage of the T-Mobile G1:

How does the gPhone stack up against its venerable 3G Apple competitor?

What does Google's Android-powered OS look like in action?

Does the G1 already have shortcomings?

Podcasters break down the T-Mobile offering.

What's the genesis of the gPhone?