iPhone 4 is revealed and it has a 5mp backlit sensor, 30fps 720p, LED flash

You can now stop looking for leaked iPhones under bar stools! Apple has officially revealed iPhone 4 and there is a maddening amount of information out there on Techmeme and just about every other tech/gadget blog and website. Of photography interest, the new lovely will have a 5-megapixel backlit sensor with 1.75[mu]m pixels. It has an LED on-board flash, 30fps 720p video, and a fixed-lens (obviously) with a 5X digital zoom. Yes digital-zoom is now trendy again thanks to Apple ;-) It is coming out in late June for around $200.

Further Reading
+ Hands-on at Engadget
+ Can it replace P&S cameras asks C|Net (via Image Sensors World)
+ Will the iPhone kill the Flip - roundup at Techmeme
+ detailed specs from Apple herself