that's like pontoons vs. invaders
they're totally different
the razr2 is small and thin yet packed with technology, it'll be even slimmer than the last razr. It has a music player, 2-mp camera, and it automatically changes it's settings depending on the ambient noise
the IPhone is more like a smartphone. It does do everything, though i wouldn't want one of the first models because with that much technology, some glich is bound to show up. It is really sweet, but it's really too big (and the whole front is basically a screen) to carry in your pocket or anywhere it could get damaged.
i'd go for the razr2