Same but with haptic home button on my wish list.My opinions
What I expect:
1. Same 4" beautiful design to keep the price
2. A10 2GB RAM
3. Front camera at 7 MP
4. Rear camera of iPhone 7
5. Headphone jack ( won't redesign it)
6. Touch ID
7. No water resistance, there is 0 chance that Apple is redesigning the product external IMO.
What would be ideal:
1. Same 4" design
2. A11 2-3GB RAM
3. Front camera at 7 MP
4. Rear camera of iPhone 8
5. Headphone jack
6. Touch ID 2
7. Water resistance
Imho, the 4/4S and 5/5s feature a classic and ageless design so I'd be quite fine with just spec bumps especially if it keeps the price affordable. Hmm, maybe a (PRODUCT)RED version with black bezels?