I agree that podfuture is in the know, (on the current record anyway), and I feel most of the predictions they have made will come true. I just don't buy that there won't be a brand new product there, something that will excite more than just mac sites. If there isn't, they have hyped up this event too much perhaps, (well, not personally, but letting their invitation lead so many to predict video enabled iPods), and they will lose some face within mainstream media.
Sure, other products will be announced on Wednesday too, but the one more thing will have to be something worth writing about. One more PPC revision, increased iPod capacities without video, or merely something like video enabled AirPort, (which won't excite mainstream), just won't cut it.