The evidence is piling up that the next generation iPhone will officially support video recording. As we've already reported, poking around in the beta of OS 3.0's MobileMe finds a "Publish Video" screen. Additionally, future iPhones are expected to support faster Internet speeds — a crucial component in moving multi-megabytes of footage up to YouTube.
(AT&T has already lab-tested their HSPA (High Speed Packet Access) 3G network, getting speeds of 7.2 megabits per second — twice the current 3G speed — and promise to "[exceed] 20 megabits per second" when HSPA is rolled out later this year.)
Other videographic rumors churning the mill include a rudimentary video-editing app — as well as the possibility that any video capabilities might only be available on a higher-end, premium iPhone.