Opera has given a teaser announcement on Opera Mobile 9.5 where they have told us what to expect, but we don’t get to play with it yet:

• Uses the new Presto engine, so it should be faster
• Zoom around a la iPhone
• Flash support (Flash Lite only)

You can see a video tour.

What is most interesting is that it supports Opera Widgets, so you can develop one form factor and have it work as a widget for the desktop and the mobile phone.