Once again, any software, or any web browser (be it Lynx, Apple's Safari, or mobile ones) needs to LOAD WEBPAGE FIRST! FULLY! And that's for some users may be a very serious obstacle!
There is a big difference between forcing the dumb cut for a significant part of page's representation (e.g., by Lynx), and showing the creatively minimized images, JavaScript, and CSS files in Mini-WWW's pages.