Update:
Rumor is that Google will be releasing the “Nexus One” which will use GSM and come with a 3.7″ AMOLED touchscreen, 5-megapixel camera, Wi-Fi connectivity, accelerometer and compass. The Nexus One will run on Google’s latest version of the Android operating system, Android 2.1.

HTC-designed Nexus One, is likely to debut next week at the Jan 5, 2009 Google Campus Press Conference. At the same time CES launches.

This is the text from the invite only event:
———————————-
With the launch of the first Android-powered device just over a year ago, we’ve seen how a powerful, open platform can spur mobile product innovation. And this is just the beginning of what’s possible.

Please join us in Mountain View on January 5, for an Android press gathering.
———————————–
Apparently the order page for the phone will be coming soon.

Also, in the rumor mill is the Apple “iSlate” or some call it the netbook, i.e. iwhatever…