I have been using HTC touch since past 3 years & have found it to be amazing value for money. Excellent style, very sleek, nice shortcuts available at touch of screen(Touch flow - They have renamed this technique in their latest Android versions) & real value for money.
Few disadvantages such as lack of inbuilt messengers, poor camera quality are a minor afterthought. Another disadvantage is lack of good service centres. Forget repairing after breaking it once. Its almost possible to buy a new handset at repair cost.
Latest white color body looks awesome, especially for female users.
Go for it if you like a sleek, but fully loaded phone.