Thought for the day: How smart is consumption?

Reading tech sites I can't help noticing all the buzz around smart phones, like Google's Android system, or the new iPhone 4. And then I look at them, and wonder what is so smart about them? These machines are very well suited for content consumption: Reading texts, watching videos, listening to music. But they are rather lousy at content creation, even writing a text on an iPhone is difficult. Developers write apps *for* the iPhone, not *on* the iPhone. Aren't those "smart" phones ultimately not just as passively dumb as lets say a TV?