You just knew something iPhone-related was going to happen at Apple’s World Wide Developer’s Conference today. The reality doesn’t quite match the rumors we saw last month, but there’s a surprisingly high ratio of information that was on the mark. With an extra “S” for “speed,” the iPhone 3GS runs up to two times faster than its predecessor and holds either 16 GB or 32 GB compared to the 8 GB iPhone 3G. Battery life has grown, but not by 50 percent, and there is indeed a built-in compass and a glowing Apple logo on the back. Best of all, the new iPhone shoots and edits video and has improved camera features such as touchscreen autofocus and autoexposure. Voice commands are now possible as well. What didn’t pan out? The OLED screen and the FM transmitter. Maybe next time. For now, the 16 GB and 32 GB models will cost $199 and $299 respectively when they go on sale June 19. Also, the old iPhone 3G gets a price cut to $99 today.

A wireless device to show current electricity consumption

Wattson is a wireless device able to constantly measure and display how much electricity you consume in your home. Just clip the transceiver to the wire leading to your meter and fusebox and you’re done.

The exact number can be read on the display on the top (you can choose between watts and pound sterling) and by the ambient lights beneath it – blue means low energy consumption, read means high.

It’s USB-friendly as well, so if you hook it up with a computer you can compare your electricity usage with fellow Wattson owners around the world. Sweet.

The iPod Mini is an outdated model, so it’s only fitting that Jozaeh’s MP3 player is encased in the wood of a stately old Australian red cedar tree. Camphor Laurel comprises the click wheel, and brass plates and screws hold everything together. Says the creator: “I was given a new iPod Mini for Christmas and I just couldn’t leave my trusty old mini to sit unused somewhere.” Sounds like it was his first stab at a wooden iPod mod, and we say he did an admirable job. Sadly, it’s only a matter of time before the battery kicks the bucket and this wooden iPod becomes a true antique.

Instead of just joining the megapixel wars Ricoh just announced the CX1, a compact and robust digital camera offering quite a set of nice features while just having 9 megapixels.

So, you’re getting a 1/2.3″ type CMOS sensor with a 7.1x optical zoom lens, a hi-speed 120 frames(!) per second fast shot mode (limited to VGA though) and a mode called Dynamic Range Double Shot Mode allowing you to take two shots at different exposures which are then blended together. Other than that you can have it take up to seven shots with different focus, allowing you to pick the best one later.

The CX1 will be in stores from March 13th with a £300 price tag (about $430).