Personally, I'm in no need of a video camera. If they do add one, fine, but I just hope it isn't to the detriment of the whole iPhone thing. There's a difference between convergence (which is where I think Apple have done a beautiful job) and a device that tries to do everything, and ends up doing everything crap, even the basics.
I agree. If apple pushes the video most people in TV land will be thinking so what. I'v had video on my phone for years, big deal. If it's HD video people will pay attention.