There are several things that I would like to see the new version of iPhone: Internal Hardware Processor Upgrades ! MacRumors has been actively posting info about the internals being upgraded: http://www.macrumors.com/2009/03/18/multi-core-gpus-announced-from-iphone-chip-maker/ More Storage Engadget has posted that Apple has ordered for tonnes of Flash memories from Samsung: http://www.engadget.com/2009/02/20/apple-once-again-squeezing-samsungs-flash-memory-supplies/ WiMax or LTE Although I have not heard or seen any info (or rumor) on this one, I still believe that this high-range specification will make the iPhone an ultimate mobile device. Or may be, I think they will have this in their rumored 10" tablet!?! Built-in GPS I know this may not happen but image how cool it would be if this had the GPS buit-into it, instead of using the cellular or Wi-Fi triangulation techniques. Yeah, agreed, that's too much to ask for. But hey, I am just wishing! External Hardware Camera iSight HD Camera I think that the iPhone can handle this; at least with the newly speculated hardware upgrade! If that's possible, then I guess, it would be even better conglomeration. Camera on Front and Back sides of iPhone I "SERIOUSLY" believe that it should have been on the device from the first generation itself. But it didn't happen, and its okay. Keeping on with the new hardware speculation, I think a dual camera will be the least feasible inclusion; if not dual HD, it could be HD on the back and normal on the front, or at the least, normal iSight cameras on both the sides of the device. Common, guys, we need to see the iChat for video conferencing, video calls, etc. Don't you think so? Flash Light I think this is an obvious requirement that didn't see the light of the day. Should have been on the first gen. device itself. Anyways, moving on... Other peripherals I don't know the iPhone is suitable for any other peripherals, but this list has grown out a monster! You've got anymore? Shoot it in a reply!? There are several things that I would like to see the new version of iPod Touch, too: Internal Hardware The same as seen the iPhone. However, I am guessing this device may have have a little lower specifciations. Processor Upgrades ! Sure, that needs to be upgraded too! It is just only fair to have the speculated new processors be included here. Again, it could be of lower efficiencies or specs... More Storage This is one aspect, in which I think, the iPod Touch may have a higher spec in comaprison to the iPhone. You know, we already have a 32GB iPod Touch, but not in iPhone! WiMax or LTE I am still trying to hold onto this one. This is just only a wish-list anyways Built-in Microphone This is really needed to included as I hate see any external hardware hanging out of the iPod Touch. However, I do not think Apple will create a conflict of interest (read losing iPhone sales) by including it in the device. Still will be great if it is done. Built-in GPS Well, let that be in too.... External Hardware Camera This will make the iPod Touch a really interesting device and will actually eat out on a whole new market... you see the devices such as Flip Video, etc... iSight HD Camera I think this may happen at a later stage of revision for the iPod Touch; if the new one comes with a camera, that is! Camera on Front and Back sides of iPod Touch Yes, and again! It will certainly increase the popularity of the iPod Touch and also the iChat program. Imagine video chats or video conferencing with your buddies on this device... hmm... Flash Light Well, I think I will pass on that.... but may be just keep it on Let the party begin! Keep it going!