Surur is hilariously correct. Apple believes their brand stands for a certain level of quality, and they will typically ship without something rather than with something that doesn't meet their quality standards. Neither A2DP (for sound quality) nor 3G (for battery life), reportedly fit their quality standards for the initial iPhone. A year having past, chipsets and software improving, iPhone 2.0 might well include improved versions of both.
As we've seen with Apple's unprecedented update schedule, they are also very quick to add services when ready (such as Wi-Fi location based services, iTunes Music Store, etc.)
BTW- You can already stream music and video on the iPhone via MobileSafari. Anything in the proper Quicktime format, be it podcast, movie trailer, or radio stream will launch fully controllable, rotatable, QuickTime plugin which will stream away to your heart's content.
CDMA probably won't happen as AT&T has the exclusive and they, like most of the rest of the world Apple wants to sell to, is GSM. Though if Verizon moves to LTE for 4G, who knows?
GPS is showing up in Apple patents, so might make it in.
Storage cards almost definitely won't. Apple has already moved to 16GB NAND chips (meaning iPhone hits 16GB and the 2 slot iPod Touch hits 32) and may be moving to 32GB soon (making for 32GB and 64GB respectively) and with physical device space being a premium, and given their history of not giving emphasis to expansion cards (to the point of ignoring them) I don't see it.
Personally, the only things I miss about my Treo are DialByPhoto (3rd party), video record, and beaming info. Other than that, the current gen iPhone has obliterated even the memory of that archaic device from my brain...
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