iPhone--3G (duh). Hardware GPS. Flat headphone jack. Only ONE camera, facing front. Video conferencing, video recording. (More of a wish--actually, the same camera but w/ video recording and no conferencing). 16G, 32G--$399/$499, $100 rebate on both with activation. Battery life same, 10% weight reduction with some size reduction.
No other hardware.
SDK (duh). 3-5 game announcements.