Not dreaming - I think those requirements are pretty reasonable in light of where cell phone technology is going. Motorola is no longer iffy. Google will be running the show, no doubt about that despite what they say. I think we'll be seeing some really great stuff out of Motorola next year.
Dream team build for the next Nexus (if we could only have one):
Design - HTC
Radios - Motorola
Screen - LG
Camera - Samsung (SIII camera, not the GNEX camera)
Battery life/technology - LG and Motorola need to make a baby and have that produce the battery.
Then at least a 1.5ghz dual core processor and 2gb ram. Needs at least 32gb storage (lack of SD card doesn't bother me), maybe a mini HDMI, if not at least MHL. Missing anything?
Have the Camera be a Sony camera and im good. They have some of the best camera sensors on the market. I believe they supplied the 4s camera sensor if I recall right
It's probably just a Nexus One.
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The release date will probably be November 5, since that's Android's 5th anniversary.
The HTC code name for nexus wasn't letters like they normally use. The code name for the nexus one was Passion. I still think bmx is hinting...or rather im hoping hes hinting