No backgrounding, no multitasking, no unobtrusive notifications. No copy and paste (yet), no MMS, no video. Really pretty minor stuff thus far.
Ah well. So we have push notification, better hardware access and the maps API opened up for apps. Not totally shit but not revolutionary either.
If you are looking for information the Grumpy Mystery Science Theater version of the live cast is the wrong place to be.
I'm not quite sure what would be a great application for this yet (the examples were ok but not ground-breaking), but I really like the idea of the iPhone being able to control a bunch of stuff...
Backgrounding and video would be nice, but when I think "phone features" they're not what come to mind.