One of the exciting feature is geo-tracking, is vital for those fans with a penchant for off-road exploration. This latest iPhone OS 3.0 beta release has magnetometer (compass), will indeed be integrated into the new iPhone.

This compass feature is a boon for geo-tracking iPhone. !!!

The upcoming iPhone will have an in-built compass, and this feature basically confirms as much. The iPhone’s compass will finally bring augmented reality technologies to the latest iPhone OS 3.0 beta release. Without a compass, the iPhone can’t easily determine the direction in which it’s facing. This would make it highly impossible for the software to figure out what data to overlay on the screen.
The known Sekai Camera iPhone application concept and the Wikitude application on the Android OS, the augmented reality has not yet been quite possible on the iPhone that was introduced by Tonchidot.

Since the technology advances, we now have the magnetometer that has been confirmed for the latest version of iPhone, we can now expect to see all kinds of highly technological, cool and amplified augmented reality apps hitting the AppStore.

The next-generation iPhone OS will apparently feature parental controls for iPhone apps, apparently in response to all the bad press reviews surrounding Apple (NSDQ: AAPL)’s AppStore application approval process.
As the parental controls will relieve the pressure on parents of the adult content viewer-ships of age limits 4+, 9+, 7+ and 12+, and allow parents to restrict access to iPhone applications: presumably this will have an advantage of allowing Apple to approve a range of applications with less focus on “clean” content.
As per the grapevine the apple may be preparing to loosen its application-approval standards with parental controls for iPhone apps.

Until we wait with baited breath in anticipation the iPhone OS 3.0 is going to offer some very exciting new cooool features!.