Digg founder Kevin Rose, the same guy who previously predicted that the iPhone would launch with two battery compartments and slide-out keyboard, said the 3G iPhone will have a 2-way Video Chat soon.

Rose said the 3G iPhone will use a dual-camera setup for the video conferencing and will utilize the iChat application of the iPhone 2.0 that will be launched in the next few months.

To meet the demands of the iPhone 2.0, AT&T, the exclusive network partner of the iPhone, has announced that they’ve got some massive 3G upgrades planned for 2008.