The reception for me has been rock solid, and the sound quality the best of any phone I've used.

Yes, it includes wireless, and it runs google maps native - with satellite view and road view, directions, etc. It doesn't have GPS, but it does use tower triangulation to plot where you are within a reasonably sized "bubble."

It also can display real-time traffic (by coloring roads according to congestion.)

The 2 year commitment is no big deal...it's standard fare when buying a "smart phone." Ditto the $60 service... I paid over $100 for my Treo 650 (thanks to the horrid data plans.)