We have finally given in. Rather than publish each rumor or confirmation seperately, here is what we know about the iPhones latest iteration so far.

Price: Two versions, $399 (8GB) and $499 (16GB), but AT&T will knock $200 off the price in return for a 2-year contract; Apple will charge $599 for unlocked ; AT&T will raise the price of its unlimited data plan from $20 to $45, to match what it charges customers using the RIM BlackBerry.
Form: About the same shape and size, but somewhat fatter; 2.5 mm thinner; 38 to 48 grams lighter;
Screen: Same size and resolution (Block); screen shrunk from 3.5 inch to 2.8 inch diagonally
Case: Less plasticky; more plastic, replacing aluminum-magnesium casing
Manufacturer : Hon Hai has orders to make 300,000 3G iPhones initially and 3 million in June for a total of 24-25 million in its life cycle.

We also have more confirmations that the rumored $200 price cut in the new iPhone may very well be true. Experts are pointing to the effect that the price cut of the RAZR had when its price was reduced. Overnight it went from a hot phone to a cultural sensation as prices became affordable. This may very well be true for the iPhone as well. AT&T may keep locking the phone so that it can subsidise them. The iPhone is actually the exception since traditionally most cell phones are subsidised whereas the iPhone has been sold at full price from the start.