I doubt it. Not anytime soon. As powerful and feature-packed the Nexus One is, it still lack multi-touch, 100,000 apps to choose from, an all-in-one iTunes like application and most of all, it's still not as beautiful or as hip as the iPhone.Besides, $530 is still too expensive for me and the phone won't be making it way to our shores anytime soon.
Plus the new iPhone due out later this year will surely smoke this Android hands down.