Finally! After months of speculation and tons of leaked photos hitting the web almost daily, Steve Jobs & Co. officially introduced the 3G iPhone to the world during today’s Worldwide Developer’s Conference in San Francisco.

Aside from a thinner profile, solid metal buttons, and a glossy plastic back panel (which will be available in black and white colorways), everything on the outside looks about the same. Unfortunately, there’s no front facing camera for video conferencing as many had predicted.

The real magic, however, is on the inside: faster web speeds (twice as fast as the first gen. iPhone), push email, GPS, improved battery life and support for tons of 3rd party apps available via Apple’s App Store at launch. Speaking of which, the officially launch date is set for July 11 (current iPhone owners will receive the 2.0 software update on that day). That’s a little disappointing considering the way we were teased with all the awesome app demos during the keynote. In the meantime, start stacking your chips ($199 for the 8GB model, $299 for the 16GB model) and plotting your launch day plan of action.