Can you feel the tension? Opera is now in the throes of the App Store approval process. The wait is on to see if Apple will loosen its grip and approve the fast (very fast) Opera Mini browser for iPhone app that we checked out at MWC. Remember, Opera Mini relies on Opera's servers to render and compress pages before sending them back to the iPhone for display. As such, there's no code interpretation being done by the software -- a definite no no for approval. So the only thing that could cause Apple to reject the app would be a perceived duplication of core iPhone functionality even though it already approved several WebKit-based browsers. Whatever happens, this is going to be good.
Update: Opera just threw up a counter tracking how long the approval process has taken. You know, 'cause everyone likes to be backed into a corner. Makes you wonder if Opera is serious about this or just doing it for the publicity -- one of several angles we mulled earlier.