Liveblogging at Macworld from Engadget, Gizmodo and TUAW shows that all the rumors were true: Steve Jobs' keynote this morning has revealed both Apple TV and the iPhone.

"Well, now we know that iTV has officially become Apple TV," writes Engadget's Evan Blass. "It's real, folks: we got 802.11 b/g AND 802.11n, USB 2.0, Ethernet, Wi-Fi, HDMI, bunch of standard outs, plus a 40GB hard drive -- all powered by an Intel CPU."

Apple TV will ship in February for $299.

The iPhone, though, is the really cool toy -- Palm is gonna have a tough year. "Really thin, thinner than any smart phone: 11.6mm," writes TUAW's Erica Sadun. "Ring/silent and volume controls on the side. 2MP camera on the back. Top has a 3.5mm headseat jack, SIM card for GSM, extra speakers on bottom with a BUILT-IN MIC (I am so glad I haven't bought that mic yet), lots of 'stuff you can't see,' a proximity sensor built into the phone, when taking phone call it turns off the display and touch sensor, ambient light sensor to save power, accelerometer, to sense when you switch from portrait to landscape and... (NERDGASM!)... you can 'touch your music.' (I'm not sure if this causes blindness.)"

The iPhone runs Mac OS X, which is seriously impressive... and it works with both Wi-Fi and EDGE, autodetecting the best network. It will ship in June in the U.S. (Europe in Q4 2007 and Asia in 2008), priced at $499 for 4GB, or $599 for 8GB -- which doesn't seem like enough memory for all that content... initially to be released exclusively on Cingular's network, and available both in Cingular and Apple stores.