Kevin Rose, who has reported correctly on iPhone rumors in the past has just said live on ustream that he has heard from a "75% reliable source" that the next iPhone will have a FM Radio built in. http://www.ustream.tv/channel/kevin-rose I don't have a recording of it but ustream records so after they have stopped going live you will be able to listen back I think... I find it hard to believe but you never know. UPDATE: They have stopped being live. The recording doesn't seem to be up. Its starts around minute 45.