Those specs are only 3-4 years away with the speed technology is advancing.
64 GB of storage is possible next year, although much more than 32 gigabytes on a cell phone is not necessary in my opinion, I'd rather see them focus on putting more memory and a faster processor.
the 3GS has 256 mb now, 512 should be possible 1-2 years from now, and 1 gig should follow in the next 2-4 years. Think what would be possible with that kind of memory!
It's got a 600mhz processor now, and the company that builds the chip will have a dual processor out this time next year, ten years from now who knows what the iphone and other high end phones will have? Just think back what cell phones were like in 1999 compared to now, and technology advances faster and faster all the time. I think the limitations will come in the form of battery and cooling issue's, although I believe those issue's will be solved by then. I can just hear someone saying back in 2005 with their cell phone with 32mb of internal storage saying it'll be ten years before phones have 16 GB of storage
Now as far as things like HD video, OLED screens, and 8MP cameras, other phones
already have those features, in my opinion apple will be falling behind if they don't at least catch up to those specs in 2010. The hardware gets cheaper and smaller by the year, and they can easily add a larger lens with a flash with a case re-design next year. And I know it's not all about MP, but it sure is when you zoom in on a picture. Some additional camera features like image stabilization should be added too as the iphone has to be held dead steady so pics and video don't become blurred.
With so many apps using pictures and video, and future possibilities of things like augmented reality >>
YouTube - iPhone Augmented Reality Navigation
A better camera would be nice. The competition is
not sitting still.