The new iPhone
The iPhone is quickly becoming a beautiful standard unto itself. There isn't much visually that really could or should change. The touch screen is a black hole that opened up the world of possibility. There are no buttons to move around. It can't get much simpler. All we can expect at this point are performance improvements which, over time, become less and less significant to average phone usage.
The only reason I want an iPhone 5 is because I'm a developer. The screen and form factor changes are actually kind of a big deal. I'd like to know how my apps and websites look on that screen and what it feels like to be an iPhone 5 user.