Launch updates: multicolored LED trackball for notification and trackball functionality, enriched colors, active noise cancellation, additional homescreen space, integration with CoolIris, live wallpapers enhancements with dynamic interactivity with the wallpapers, enhanced voice recognition with voice enabled support for EVERY text field(speak your Tweets, speak your memoirs, OMG), background web-synch with Picasa just to name a few.   I cant even IMAGINE how fast its going to be once 4G arrives.  Also a sneak-peek for Google Earth for Android coming soon!!!!!