Q: iphone7- Apple have got rid of the 3.5mm headphone jack

The iPhone7 has finally been released, it looks amazing (as always for Apple iPhones), but my question is this, now Apple have got rid of the 3.5mm headphone jack, i am using a Headset Buddy: Line-level Audio Adapter for iPhone, Smartphone (iPhone-Mic-Line) for FB/periscope live streaming, currently on iPhone 6s, will it work with the lighting to 3.5mm headphone jack, that comes with the iPhone 7 or will i have to wait (and they might not even be one) a lightening to 3.5mm mic / Line-in adapter?