+ rentals and purchasing of movies/tv shows/iTunesU on phone
+ tethering: use your iPhone to connect to the web - wired or wireless
+ AT&T to support tethering...eventually
+ streaming video over http
+ auto-fill (to remember usernames/passwords)
+ support for hebrew, arabic, thai, greek, chinese... over 30 languages supported
+ Find My iPhone feature - use MobileMe to locate your phone with google maps and to send your phone a message and play an audible noise. or.... to remotely WIPE the phone in case of senstive data.