In case you had any spare cash from your tax return earlier this year, Apple announced today at WWDC the successor to last year’s iPhone 3G. With full video support, faster processing, and integrated compass, the new iPhone 3G S will be available on June 18th for $199 (16GB) and $299 (32GB). Meanwhile, the current iPhone 3G (8GB) will drop to $99 effective immediately. Gadget porn gods Engadget and Gizmodo have the full breakdown and comparison charts available here and here, respectively.