100+ new features and 1500 new API's in iPhone OS 4. Apple promises:
"What's New in iPhone OS4"
1. Multitasking
2. Video
3. Voice over IP
4. Mail
5 .In-App SMS
and many more. I'd expect new boom on AppStore.
It will work on iPhone 3G - it against all rumors saying that OS 4 will kill 3G - people expecting that 3GS is the minimal hardware for iPhone OS 4.
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