The MacBook has just been released by Apple today with a base price of $1099. It comes with Airport (802.11g) wireless, bluetooth, DVD burner, 13.3" screen, iLife '06, Front Row with remote control, iSight. The MacBook comes in both black and white with a glossy screen.
Also, the MacBook Pro was updated today as well. The lower end processor has been upgraded to 2.0 GHz and the higher end 15-inch and 17-inch has been upgraded to 2.16 GHz and you can also get the new glossy screen. If you have purchased a MacBook Pro recently (since May 2nd) you can return your MacBook Pro and upgrade it for free to the new versions.
Update: Here is a High-Res pic provided by Branislav Milic