Potential spec details...
http://appleinsider.com/article.php?id=2242
Nothing terribly exciting. However, the 2 MP camera would indicate that they're not going for the ultra-high-end of the phone spectrum. 2 MP is pretty standard for a nice camera phone, so it's not spec whoring like some people have expected.
One analyst has called for the phone to retail for $200-300 unlocked. If that's the case, I really expect these things to move.