The Nexus S was originally rumored to have a dual core processor. I couldn't wait to get my hands on one. When I saw the announcement and saw it only had the Hummingbird processor that is in the current Galaxy S phones and had a 5mp camera, I was extremely disappointed. I see this as a Galaxy S phone with Gingerbread...while the rest of us Galaxy S users are still waiting for Froyo.
Google has announced nexus S . Here are the specs--> http://www.unlimitedtips.com/2010/12/google-nexus-s-announced-here-are-specs.html