The Onion's satire piece on the development of iPhone 2.0, due out only months after the first rev, is only too close to the truth.
"When the second-generation iPhone comes out this fall, we want iPhone users to feel not just jealous, but downright foolish for owning such laughably primitive technology." Jobs also hinted that the second iPhone device would not be compatible with existing Mac computers, third-party peripherals, or any future Apple products.
The lack of backwards compatibility thing? Hmm. Sounds more like a Zune/Plays for Sure kind of move. Also noteworthy, is The Onion's Palm sponsorship (see image above).
Apple Hard at Work Making iPhone 2 [Thanks Kevin M.]