So Apple Inc. had the promised SDK event today.
Heres what you need to know.
The SDK will allow developers to manipulate the "Cocoa Touch" framework, the accelerometers, and all other API.
Features include hardware-accelerated 3D graphics, location-enabled apps and full access to all the media capabilities of the iPhone.
Developers can use Xcode (Mac only). They can also use the "iPhone simulator" that will allow them to see what an App. would look like on the iPhone with out blowing the thing up.