Take a look at the updated Safari browser for iPhone OS 2.2, revealed only to developers:
Some tweaks have been made to the interface, such as having the URL and Search bars side-by-side, and the Refresh icon located within the URL bar. It remains to be seen what other features this new browser will have.
Source: iPhone Atlas
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Don’t like it.
Too much squeezed into a small space.
Maybe have a sensor, so if you keep your finger on the address bar, rather than tap it. That will activate google search.