Apple spent too much resource over iPhone. Are we down to 299 features now? Or this was the 301th feature got removed?
The more I read on Leopard development, the more I feel it is less attractive as when we upgrade to Tiger. Honestly, a lot of these what Apple called the Leopard top "secret" features (eye candy, file backup, better finder) can be added to Tiger 10.4.11, 10.4.12, etc if Apple really wanted to. Only those real advance features are meant to make into the next OS revision, e.g. ZFS (write), real virtualization that takes advantage of Intel VT (boot multiple OSs concurrently and sharing the same hardware resource), or runs Windows app natively inside OSX (remember yellow box)? None of them are going to be in Leopard!
Please enlighten us with other top secret features that are not covered by keynote. Someone must have messed up Steve's keynote presentation material, for some reason, it feels like deja vu.
I think you are REALLY underestimating the work done for Leopard.
Not to mention that the new Finder, Core Animation, Spaces, Time Machine, etc. are easily just as significant as anything that was introduced in Tiger.