Steve Jobs, in the presentation still ongoing, said, "Isn't it great what our developers have done in just a few short months?" He then is a bit telling on the timing of this thing when he says, "Imagine what they'll accomplish in the next few months."
So, maybe it will be released in March/April, and thus begins a new product cycle (much like how we get a new iPhone hardware release every June).
Still waiting for confirmation at 14:05 Eastern time...
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