x86 (Don't get me wrong, I love ARM... but I want more x86 games to work and qemu is not good enough. For a gaming device, games come first)
OMAP5 it is - not officially announced, but there is little to no room left for misinterpreting EDs statements in that regard.
The Pandora is no gaming only device though, there is a big portion of Pandora users that think about their Pandora more as minituarized version of a PC.
Multicore (being able to quickly pop back and forth to gamefaqs and email and pidgin and irssi and whatever game I'm working on is necessary)
Multiple cores have nothing to do with multitasking
8+GB internal memory WITH NO WRITE LIMIT (I want my expensive supergizmo to still work perfectly after 15 years of constant use)
Ed is currently on the 16GB track, I think, but "no write limit" won't happen as others have already pointed out
GPU that can handle OpenGL (not just -ES, so many games I want do not work with GLES)
Afaik the OMAP5 gfx chip won't support OpenGL in hardware, but there is a (big) chance that we get compatibility through a software layer
ability to run the machine purely from AC power with no battery inserted in case the battery is kaput.
Don't know about this, if the Pyra gets the appropriate chip for this from TI (which seems likely) it is at least possible that the Pyra will be in the same situation as the Pandora > won't work with all, but with most.
As far as I know, it will be either HDMI or DP, but HDMI is much more likely
I guess we can safely assume that at least one will be full size, and as far as I know ED is pretty much on the same track as you
full size USB slot(s) with 1.1 or 2.0 (and maybe 3.0) compatibility... needing a USB hub for the original Pandora sucked.
The OMAP5 supports 3x USB2 Host ports an one USB3 OnTheGo port, so a fullsize USB2 and a mini or micro USB3 OnTheGo is probably gonna happen, regarding compatibility: while Ed stated that its pretty much "a given", looking at the
OMAP5 functional block diagram someone posted, I'm not 100% sure this is really included (only a highspeed connection to the USB2 Host is mentioned).
The same or better audio output quality of the Pandora (no other device has ever sounded so good on my headphones)
Hardware volume wheel or slider (may not be SoC related)
ED already stated that he wants to keep both.
Biggest Battery Known To Man, but I might have missed a few.
Last statement from ED was that he plans to reuse the battery the Pandora uses
All of this is (of course) subject to change
Edit: made the USB part more clear