A decent and usable word processor (with spell check) preferably MS-Word compatable (no I don't use it, but the rest of the world unfortunately does. . .
The state of the mail client certainly needs improvements - at the very least imap folder support and proper quoting. With existing clients (gnome mail, sylpheed-claws etc) doing quite a lot of disk exercises for reasons (like last-read status preservation) way too unimportant to fry the built-in flash or a flash card on them, there is however more to be done than just a ui port of some more complete client.
Personally I can live with the current state of PIM apps.. But whenever something sync-able is written, syncing my mobile (as my primary PIM device and phone book) would be more important than syncing to my PC - I'd rather keep everything aligned to the master rather than wrestle with multiple stage syncs.