I assume that's AM? I wonder if I'll stay up 'till 2:45am to hear the webcast?

http://www.nokia.com/press/esnews052006

Please join us for an Audiocast on Thursday, May 18th.
Time: 3:00 PM EET / 1:00 PM UKT / 8:00 AM ET.

Audiocast link will be placed here on May 18th.

here we are
 

"...Stockholm, Sweden - Today at the VON Europe conference in Stockholm, Nokia introduced a new software upgrade for the Nokia 770 Internet Tablet. The upgraded features of the introduced OS 2006 edition include support for rich Internet communications, including pre-installed Google Talk(TM) - all on a portable broadband mobile device. Google Talk(TM) is Google's free instant messaging service that enables people to chat and make calls through the Internet.

Additional features of the new software edition include enhanced text typing with full-screen finger keyboard, improved memory performance and refreshed look. There is also an improved home view desktop allowing users to choose from a variety of small applets to enable fast access to Internet services.

"We are pleased to offer this software upgrade to both the existing user base of the Nokia 770 Internet Tablet as well to new users. Since the launch of the Nokia 770 Internet Tablet, we have received a lot of positive feedback along with requests for both small and large improvements. It is a credit to the internal team, here at Nokia, that many of these wishes are addressed in today's' upgrade", says Ari Virtanen, vice president of Convergence Products, Multimedia, Nokia.
..."

from http://press.nokia.com/PR/200605/1051308_5.html

go there and have a look

On the Nokia Press Release-Page it also says:

"The Internet Tablet OS 2006 edition which is based on popular desktop Linux and Open Source technologies is planned to be available during the second quarter of 2006 in selected countries in Europe and the Americas. It is downloadable free of charge from the Internet www.nokia.com/770."

http://www.nokia.com/A4136001?newsid=1051308

New press photos: http://www.nokia.com/A4136017?category=770#

what is this?
-i

It looks like status icon for the internet connection (be it WiFi or bluettoth)

That icon looks like a new connection indicator. Hopefully combined with the phone status bar icon as well to save space.

Cheers,

Andrew

So is it only the software upgrade?
Any idea when will the new software available?

Thanks.

The press release says that it will be available in the second quarter. But apparently the webcast says "June" so there is still a little more waiting to be done before we can get our hands on it.

Unless nokia does the right thing and releases the OS for developers in maemo.org before putting it into theyr own website so that the developers can compile and make new debs for the new OS.