Oh please you guys aren't thinking hard enough
Processor: dual core or quad core Arm Cortex A9 or maybe even an A15
Ram: 1gb or 2b (when it becomes available)
Storage: 32gb minimum and 2 microsdxc card slots
Connectivity: both GSM and CDMA with the ability to operate on all bands and frequencies and wifi, bluetooth, and GPS of course, 4g with LTE, Wimax, or HSPA+
cameras: 2mp front camera and 8mp back with Xenon flash and good 1080p video
In terms of form factor I want the Viliv n5 in phone form
http://www.myviliv.com/eng/product/n5.asp
I want the same screen and keyboard
Also I want 12 hours of talk time over 3g or 4g
Get cracking Nokia make it happen