What's in store for the C7?

With the current state of gas prices and the economy, what changes do you think GM will make to the C7 to predict what the market will be like when the next generation Corvette comes out?  

I think it will be lighter and smaller.  I assume it will still use a V-8... but probably with lighter components and politically correct optional e-85 conversion... fewer CIs (for youngsters that means cubic inches vs liters)  
converted from a Ford faithful...