Of course, as we all know, this didn't happen (the announcement), but it doesn't mean the iPhone can't already work with Exchange Servers, through the IMAP protocol.
The Exchange Server team has posted a comparison on their blog, showing the differences and simillarities between the experience provided by EAS and IMAP.
If your company is interested in deploying iPhones for their work force (yes, I know some IT departments have already been asked for it) then you should read that blog entry.
Other related posts:
Windows Phone and Android apps screen comparison
Windows Phone 8 Portico update: at last here in New Zealand
Windows Phone updates, again
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