Do you really think this is that useful? Yeah, it might have a "cool factor," but if you don't already recognize the number, is knowing the city really going to change whether you answer the phone or not? Is it really worth an extra $1.99/month?
I agree that is is a somewhat basic feature but location-based services are the future. This is a step in the right direction. This type of feature would be useful for known numbers also (if enhanced enough to tell you where the caller is within a city). Many companies are launching similar services that can tell you where the caller or recipient is. One of the main phrases when receiving or making a phone call is "Where are you?"
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