Upcoming iPhone to record video at 720p HD?

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While some are exploring the outward functionality of the latest beta of iPhone OS 4, others are slowly picking apart the underlying architecture and mining clues about the potential hardware and functionality of the upcoming iPhone. The most recent discovery teases us with 720p HD recording which is revealed in the following two video presets:

AVCaptureSessionPreset640x480

AVCaptureSessionPreset1280x720

The secondary value is the familiar resolution for 720p HD and is a feature that would fit in nicely with the rumored iPhone HD name. Anyone excited by the potential of HD recording and a new naming convention for the upcoming iPhone?

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