Will there be......
 

....an ultrasport package for the B7 A4? I am waiting until March to get one, but if there is no ultrasport package, i might just move a bit quicker. Thanks!

Yes, but not right away.
 

It will be called like it is supposed to be called: S-Line.
It won't show until Summer/ Fall 2005 and will come with BBS CH wheels instead of the RS4 type wheels.
The rest will be surely similar to the one on the B6 A4.