While I wait for the upcoming iPhone, which I am likely (but not definitely) getting, I have been playing with implementing similar functionality in my existing phone. I’ve previously written about it if you want some details.
Opera Software has released a new beta of their very impressive Opera Mini. This new beta adds a full page view scaled to the phone’s display. No longer do you have to view web pages in a very tweaked format. You can scroll around and zoom in on any part of the page to read the content. It’s also quite fast.
It’s free and supports most cell phones that support most cell phones. Here’s a list of supported models.