Pricing is 8GB/$229. 32GB/$229, and 64GB/$399

Specs are as follows: Retina Display, Facetime, 40 Hour Battery Life with Audio/7 with Video; Video recording, HD (720p) up to 30 frames per second with audio; still photos (960 x 720) with back camera; VGA-quality photos and video up to 30 frames per second with the front camera; Tap to control exposure for video or stills; Photo and video geo tagging over Wi-Fi.

Just think iPhone 4 without the phone.