Yurrrp, its finally here, after much umming and ahhing steve jobs dropped the bomb and released the phone EVERYONE had been waiting for. the iPhone 4.

Steve Jobs claims that it will revolutionize the smartphone world in the same way the iPhone did when it was released three years ago. Offering over 100 new features, he will cover just 8 to whet our appetites. It is a beauty to behold, and we can’t deny that statement considering Apple’s recent track record, with the iPhone 4 sporting glass on the front and back, alongside steel around the sides which makes it hark back to the good old days of an ancient Leica camera. For those who are interested only in the price, you can choose from 16GB and 32GB capacities which will retail for $199 and $299, respectively – obviously with a 2-year contract, where it will come in white or black colors. Pre-orders for the iPhone 4 will begin a week from tomorrow, shipping to US, France, Germany, UK and Japan first followed by 18 other countries in July.

It is 24% thinner than the iPhone 3GS at 9.3mm, making it the thinnest smartphone on the planet for the moment. Features touted include a front facing camera as expected, powered by Apple’s own A4 processor while sporting quad-band HSDPA (7.2Mbps), a compass, an accelerometer, a micro SIM tray, a camera with LED flash behind, a top headset jack, a noise cancellation microphone, a 3-axis gyroscope (that’s new), GPS, Bluetooth and Wi-Fi-n connectivity to boot. micro SIM, eh? That would mean cutting up your existing SIM card to fit in nicely if you decide to jailbreak and unlock the iPhone 4 for use outside of the US, eh?

Apart from that, the iPhone 4 will also sport an all round antenna thanks to its band which is part of the primary structural elements of the phone – “brilliant engineering” as Steve put it. Hopefully this would mean being able to receive signals even in hard to reach places previously.

check out the FULL list of awesome new features in the video below!