Well, our prayers have been answered.

The 3G iPhone will be available July 11 for $199 (8GB) and $299 (16GB).

The new slimmer iPhone will have a curvier plastic back available in black for the 8GB iPhone, and black or white for the 16GB iPhone. No more getting your iPhones mixed up with your roomies'.

The newest iPhone features 3G data transfer speeds and built-in GPS.

Battery life is improved: about 300 hours standby time, 10 hours talk time on the 2G network, 5 hours talk time on a 3G network, 5 hours of 3G high-speed Web browsing, 6 hours of Wi-Fi high-speed Web browsing, 24 hours audio playback, and 7 hours video playback.

The new iPhone will roll out in 20 countries initially on July 11 and will eventually hit 70 countries.