UPDATED: 12:18 p.m. PDT: Apple also announced the Mac App Store, expected to go live within 90 days, as well as a version of Face Time for the Mac.

Steve Jobs, master media manipulator, has already leaked enough about new Apple offering (including a refreshed, 11.6-inch MacBook Air) to pique the interest of The Faithful.

He may, however, have at least one other trick up his sleeve when he hosts the "Back to the Mac" event Wednesday at 10 a.m. PDT.

Engadget has already confirmed several of the expected announcements, including the 2011 iLife suite: iMovie '11, iPhoto '11, and GarageBand '11.  The technorati have also confirmed the announcement of a new Mac operating system (OS), codenamed Lion.

You can watch the livestream here.