Eben Upton spoke about it a few months ago and it's already the new revision of the Model A, with changes almost all expected...
Obviously this is a B+ model cut in benefits to give your projects a system less power consumption. Here are its features, although you imagine:
700MHz Broadcom BCM2835 CPU
40pin extended GPIO
1 x USB 2 ports
4 pole Stereo output and Composite video port
Full size HDMI
CSI camera port
DSI display port (Raspberry Pi touch screen display)
4 mounting holes
Micro SD port
Micro USB power connector
The board has a smaller footprint but is fully HAT compatible
Size: 56mm x 65 mm
Weight: 23 gr.
No Ethernet port
In my humble opinion, they are still fail putting only 256MB RAM. They should have taken advantage and launch the plate with 512MB, I'm sure sales would reach the top. What do you think about it?
Recommended websites to buy it: