Zibri, creator of the ZiPhone tool, has already delved into the depths of the latest iPhone SDK. What Mr. Zibri found was evidence of the chipset that will be used in the next generation 3G iPhone.
The Infineon SGOLD3H, (we can only assume SGOLD stands for "Solid Gold" the great 80's television show) supports speeds of 7.2Mbps, cameras up to 5-megapixels, MPEG4/H.263 hardware acceleration, video telephony, live recording and two-way video calls.
Maybe Kevin Rose was on to something after all.
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Links:
[1] http://www.maclife.com/user/rbaldwin
[2] http://www.ziphone.org/2008/04/evidence.html
[3] http://www.maclife.com/article/kevin_rose_spills_more_iphone_rumors
[4] http://www.maclife.com/article/iphone_sdk_calls_time_out
[5] http://www.maclife.com/article/iphone_sdk_elite
[6] http://www.maclife.com/article/iphone_app_store_images_kevin_rose_drops_3g_iphone_info_and_mac_mini_updates_coming