Breaking iTunes of from the iPhone is like ripping the tires from you car. I mean, they introduced it as an iPod/phone combo (btw, I think the site means the iPod part, there's no iTunes on iPhone (partial software taken out of the matter)). Also, notes have JUST been introduced in Leopard. More likely for them to expand rather then, well, lets say, shoot it down..
* (1) The zoom feature is differerent
* (2) The scroll feature is harder, it's a scroll bar now.
* (3) Less memory, but better graphics.
* (4) Video cam. Except crappy quality and resolutions.
1 Zoom feature shouldn't change, while its revolutionary already
2 Scroll bar? Right... lets take all the great features away from the iPhone 1G and call it iCrap 2G
3 Less memory? Everybody has been screaming for 16(/32)GB versions. And better graphics are indeed possible, but not to probable in exchange for less memory
4 Video cam might happen, but if so, I think they'll try to get something good out of it
I think this "news" has only been posted there for it to get more pageviews. Pretty stupid if you ask me