Will Microsoft have a chance in the mobile space if they release cheaper and more powerful devices? 

I hope so, because I think Windows Phone 7 is a very interesting OS.

Microsoft's Windows Phone Challenge: Cheaper and More Powerful, Or Die - Mobile and Wireless - News & Reviews - eWeek.com

Microsoft is betting that cheaper phones, the Mango update, and more partners can help it succeed in the smartphone space. Is that possible?