However, according to the latest information out of Canada, the One V will indeed run the latest version of Sense. This makes logical sense (pun intended), since HTC is attempting to create a unified "One" experience with these three different handsets. Additionally, since Sense 4.0 is less bloated than previous versions of Sense, the One V probably will benefit from this the most, given its single core processor and 512MB of memory.
There's still no release date for the One V on Telus in Canada, but we can probably expect it sometime within the next two months or so.
[Engadget]