For this description, I was immediately ridiculed by our tech editors, Steve Kovach and Jay Yarow, who pronounced the video "definitely fake--bizarrely so" and then explained why: "Very poor animation quality. And for lengthy promo videos like this apple uses people. Not renders."
But the ad was still interesting. And it incorporated many of the features that our tech editors expect to see in the iPhone 5. And I, for one, as a prospective iPhone 5 buyer, will be interested to close these expected features are to the real ones we'll soon see.
In case you're interested in weighing in...
First, in the fake ad, it's called the "iPhone 5." That's actually still a subject of fierce debate. Many Apple fans scoff at the idea that Apple would be so pedestrian (and inaccurate) as to call this new phone the "iPhone 5."
In any event, it looks just like everyone expects it to look--with a taller screen.