It is my opinion that the only future changes to the iPhone V1 will be geared to direct financial gain. This is confirmed by: 1. iTunes wifi store (impulse buying) 2. 99cent ringtones 3. Starbucks If there were confirmed updates / enhancements or desired apps such as: 3G (I know the chip set isnt there); MMS support; Flash; GPS (I know its not in the iphone); True Stereo Bluetooth (although I still feel this may be a possibility) SJ would have announced it before a price drop. I think there are many people not buying the iphone because of the missing apps and hoping they would be added before buying. Dont you think Apple could have capitalized on this on the fence market by announcing these features / apps would be released by (you pick the date)? After the potential new rush of sales and the date comes and goes, then drop the price and get the remaining sector of buyers who just cant shell out $600 for the device. In summary, I think we have all of the basic smartphone functions we are going to have. Additional features will be $$$ driven. Future software updates will be to stop hacks, fix security holes and enhance the current functionality. I hope I am wrong.