More 3rd Gen iPhone Concepts: The Ultra-Thin!

Fonzman1984 sent this one our way a couple days ago, posted on a French-language website fakeorreality.com, though it's spread far and wide since (and thanks everyone else for the tips!)
Current rumors have it Apple will keep the third gen iPhone looking pretty much the same as the current iPhone 3G, but like with previous concepts, what do you think of this approach?
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.