Yes, I'm watching...
The new expansion is Cataclysm, level cap 85, worgen to alliance, goblins to horde, new trade skill archeology, and yes Azeroth will never be the same.
It seems that MMO-Champion was spot on. Bit of a shame, but hey, woot!
There will be flying mounts in Azeroth, and oh!
Get this: HEROIC DEADMINES AND SHADOWFANG KEEP!
Off to WoW panel soon, gonna have to geek out on all the information at some later time...
Edit: And oh, guild leveling, wonder what that will do.