Well, maybe. This iLounge story on Apple’s Human Interface guidelines can be interpreted in a number of ways.
Of particular interest to some may be a note from the HIG which leaves room for possible future native third-party iPhone applications. It states, “Currently, developers create web applications for iPhone, not native applications. Therefore, this document focuses solely on the presentation of web applications and other web content on iPhone.”
Maybe a light at the end of the tunnel after all?