This seems to be the real thing. The back story is that the forthcoming iPhone was found in a bar in Redwood City. It was camouflaged to look like an iPhone 3GS. You can read all about it and see two videos on Gizmodo. If this is true, you have to wonder if the guy who lost it has also by now lost his job at Apple. The new phone has a front-facing camera for video chatting, a camera flash, apparently a 960x640 display, and a second microphone. The back is flat, and the whole thing has a bit more of a square shape. The article says they took it apart and it's the real thing.