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He sums up one of the major problems well:

The greatest innovation in this release of the iPhone (Siri) is actually just a software thing. It is really cool, but they could have put it in iOS5 for iPhone 4 users to have as well.

On the hardware front there really is nothing truly new, just better and faster. That is fine, but with an extra 4 months tacked onto the product dev cycle for this release, I think people (myself included) expected more.

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The 3GS didn't bring much hardware change over the 3G either: More speed, better camera and the compass.

Now with the 4S, we get more speed and a better camera again. I really don't see a problem here. You are free to skip this years phone.

Yes, and the 3GS ended up being really nice to get at the time, if nothing else than for the extra RAM.

Does anyone know if the 4s will have increased RAM over the 4?

They may well give it to iPhone 4 users too. I wouldn't be surprised if they released it as an iPhone 4 and iPad 2 update some time in the future.

Why not do it now? Because Siri is still beta, causes server load, and they want to limit just how many millions of new users it will have to suddenly serve from one day to the next.

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