From what seems to be a questionable post from a forum poster at a Chinese site, it seems that the 3rd generation iPhone may be a small upgrade. So far, the features unveiled are:
* 600 Mhz CPU
* 256 Mb Ram
* Digital Compass & FM tuner
* 3.2 MP Camera w/autofocus
* 32 GB Flash Storage
* No changes to physical size/casing
