The iPhone is getting a major upgrade in the summer with iPhone firmware 3.0, including a lot of new features, some already offered by extra apps in the AppStore, but pre-loaded and free for the iPhone, iPhone 3G and iPod Touch.
One of the new exciting features that hackers were able to unlock is Video MMS. Users can send, receive and playback video directly from their iPhone to iPhone, meaning both MMS and recording capabilities will be available in the summer. Hardware specs were not yet verified, but it seems the new rumored iPhone and the iPhone 3G will be the only 2 handsets available to make (video) MMS, leaving the 1st gen iPhone and iPod Touch out of the loop.
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