[ZeroGravitas]

I think I bought it about 6 months before the 3GS came out. I no longer use it as a phone, but still use it for other stuff.

I also have just got a Nexus One (and have another Android phone). I'm not particularly disappointed that it's not getting ICS. I've not figured out one actual feature I care about that this announcement will deprive me of yet[1] (and as you say, I'll probably be able to put it on anyway. The key sticking point seems to be limited storage space, which custom ROMs have worked around before). Perhaps it'll mean I get better scores on javascript benchmarks with the default browser, but I'm keen to try Firefox anyway now that I have an ARMv7 device. But if the only thing I get is version number bragging rights, I'm not sure I'll even bother with ICS.

[1] Face unlock? No front facing camera on the Nexus One, Android Beam? No NFC chip. Better browser? I'm not sure how much the benchmarks translate into reality. Built in VPN capatablities? actually that's interesting. Folders? We're scraping the barrel now. Different multitasking UI?

[MetaMan]

Good points. Also since there will be loads of users stuck on Gingerbread / Froyo the N1 will probably be useful as a development test phone in my case.