I fully agree. I started buying books 6 months ago because of the lack of useful info on the web, but I still don't know the best way to do this.
A smart phone only solves a portion of the problem. There are dozens of different smart phone screen dimensions. Even the iPhone 3 and iPhone 4 are different. I am tempted to allow the smart phones to display the standard web page (smart phones have browsers) and funnel everything else to special mobile pages.
I've been reviewing the dimensions data in our AdWords clients' accounts and it looks like about 10% of their AdWords traffic is currently from mobile devices, so the use of mobile is here and is growing.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin