Do you know how dalvik works? It's an incredible piece of technology that you should probably read up on before saying LOL JAVA IS SLOW.
What hardware wise is nicer in the iPhone, specifically, compared to the Incredible or say Motorola Droid? It's certainly not the processor(same in droid as iphone, snapdragon in HTC), radio(far far better in the motorola) or storage, which you can't remove from the iPhone or expand. You can't replace or have a second battery on the iPhone. You cant run more than one app yet.. and if anything, who is copying who by finally implementing that? Better apps, I'll give you that, Apple had a huge head start.
If you like the UI, that's totally fine, but to say stuff like 'nothing comes close' is just retarded and screams fanboism. I've owned both devices for a while and while the iPhone is a nice piece of technology, it has been surpassed technically. It's not the end/all be/all device that people claim it is.
If you don't like the interface, look harder, there are tons out there and the ability to have a choice is great.