I just gave in today and bought a 64gb iPhone 4s that was on sale cheaper than the 16gb model. An opportunity too good to pass up..
Funnily enough, I had JUST purchased the Torch 9860 two days prior and have played around with it since. I decided that I was going to be keeping the iPhone 4s and selling my BB 9860. In terms of my particular scenario keeping the 4s was the superior choice.
I like both brands equally for what they both do best.
**EDIT**
The availability, size and overall ease of acquisition of ALL "iContent" played a major role.
What a wonderful update! My iTunes account had all 3 seasons of Ren & Stimpy ready and waiting to download to my iPhone from my iCloud. I downloaded them back in the first iTouch days. I also had $27.40USD left on my account. Friggin brilliant!
There are no Apple stores in Bermuda. There are only Authorized Resellers. These phones have to be imported and end up being extremely pricey. I was in the right place at the right time - the landed cost (shipping, USA/CND/LA sales tax, BDA importation tax, etc) for the first 16gb iPhone the store received was much higher than the landed cost of the recent 64gb one.