WWDC Predictions:
(1) iCloud - rebranded MobileMe, with major Sync features. Will finally be as good as Dropbox, but system wide. iTunes features not fully robust yet but will be fully functional in September which will be demoed at the annual iPod Event.
(2) Time Capsule update - related to the iCloud announcement as rumors have suggested. A5 processor, Media + Document Server to Macs and iOS. Automatic updates as well.
(3) iOS 5 - Biggest upgrade to iOS since the app store. New notifications, new swiping gestures, widgets, more multitasking, etc...release for both iPhone/iPad in the fall, BETA available at WWDC.
(4) Mac OSX Lion - same features that have been already demoed. Only new features will be anything related to iCloud. Hopefully there is something else that is new, but I am not holding my breath. Best new feature = price point of $49...on the Mac App Store in two weeks.
(5) Back to School Promo - only news because they will take $200 off an iPad.
(6) One More Thing: Macbook Air Update - mentioned to coincide with the Lion release as it did at the Lion preview last October. Sandybridge + Backlit Keyboard returns.
No iPhone update.
No iWork update.
No Blu-Ray support in OSX.
No Final Cut X info (although this should be coming VERY soon).