News reaches us today of a new commercial on YouTube which apparently says that the new and much-anticipated Apple iPhone 4G, will in fact be called the iPhone HD. We’re not sure how much of the commercial is to be believed but it shows a completely different chassis, and there is a chance of a front facing camera for video calling.

According to gaj-it.com though, there is much speculation about the commercial. They mention for example that the design is radically different from the current iPhone, and they do have a valid point asking why Apple would change a sleek design for one that’s so much heftier.

Another good point they make is that when Apple have remained so quiet about the design, the carrier, the features, and the release date, why would they suddenly leak a video such as this one which would go against their usual grain.

Do you think this is just more rumors about the iPhone and its features? Why not go to the link above to take a look at the video of the ad, and tell us what you think?