10:45 PM - 12:00 AM - Updated to the new cocos2d release candidate (0.99.4rc2 to be exact) and found a bug with it. Did some exploring and posted how to reproduce it on the cocos2d forums. Pict works respectably well on the new iPhone, it looks pretty close to the iPad version actually, which makes sense as far as the resolution goes. Fun to see it on there and work with the new phone some. Here, have a screenshot of the bug.
This is a screenshot from the new iPhone 4 itself, unmodified. That's a lot of pixels to fit on a 3.5 inch screen!