VT:
-) Great value for money
-) Great service
-) Menu looks like at Apple
-) Great SMS organization (as a live chat shown)
-) No limited SMS number
-) Rießiger App Store
-) Multitouch
-) Great phonebook
-) Great colors (16 million)
-) Good-to-use MP3 Player
-) Gerootetes system (important for VPN connections) (folder structure as in Windows, ect).
-) Fast sync with Google (calendar, e-mails, etc.).
- To make it always have to) shape and size just right here. (Galaxy S is klobbig and large)
-) So many alarm adjustable as you want (in my case 20)
-) Good Internet browser
-) Supports many video and audio formats (had no problems so far)
NT:
-) Battery life max. 3 Days
-) App must be with extra app "gekilled".
-) GPS somewhat sluggish
-) No envelope enclosed
-) The bundled software KIES is completely useless!
-) Battery cover attracts fingerprints magically, recommended protective sheath.
Addendum 08.06.2011: Finally there is the Android 2.2 also for Galaxy 3. [...]