Over at Engadget, they have an interesting report that claims that the following phone could be the rumored iPhone 4G/HD:
The story behind the image, according to the site:
Apparently the phone was found on the floor of a San Jose bar inside of an iPhone 3G case. Right now we don’t have a ton of info on the device in question, but we can tell you that it apparently has a front facing camera (!), 80GB of storage (weird, right?), and isn’t booting at this point (though it was previously, and running an OS that was decidedly new). It’s not clear if this is definitely a production model, or just a prototype that found its way into the world, but it’s certainly a compelling design, no matter how you look at it.
Speaking from experience on these sort of things, my gut wants to tell me that the image is fake. Too many times have people went to great lengths to prove that technology/games writers are lax in their journalistic duties and end up doing something like sending fake images to websites to try and get bites.