My feeling is that when Jobs comes back he is going to 'bring something dramatic with him.' The fanfare surrounding his return would be the perfect opportunity for Apple to release something significant that would ride the publicity wave.
I wouldn't be surprised if you're right, but this may carry the risk that it would reinforce the perception that Apple is all Steve Jobs and they can't innovate without him.
My feeling is that Jobs is never coming back, and shareholders are once again deluding themselves about his health, and that I should short their stock because of it again.
