Daring Fireball builds on the WSJ iPhone 4 rumors earlier today by dumping what they know: An almost iPad-level 940 x 640 resolution display, an iPad-esque A4 CPU and a front facing camera. AND, multitasking in iPhone OS 4.
Here's why we should care about these rumors. Daring Fireball has dumped these types of specs in the past, with a decent amount of correctness. But more than that, the front-facing camera and multitasking are two things people have been asking for for years, and the enhanced display leapfrogs recent competitors like the Nexus One. [DF]