iPhone 5 photos with 3.7" display - real, fake, or really fake?

M.I.C Gadget got their hands on some photos of what could be a prototype iPhone 5 with a larger display in the white varient. The unit looks to have a 3.7" screen with edge-to-edge glass running an unknown version of iOS and a new proximity sensor reported to be included in the official White iPhone 4. Or it could be a KIRF.
iPhone 5 rumors have been escalating recently, and this latest photo adds no real clarity to the mix. On one hand we have Joshua Topolsky's 4-inch display with a teardrop MacBook Air-style chassis, on the other, the same design as the iPhone 4 with a faster processor and better graphics? Or neither?
Your guess is as good as ours at this point. Check out the pics
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Andrew Wray is a Salt Lake City, Utah based writer who focuses on news, how-tos, and jailbreak. Andrew also enjoys running, spending time with his daughter, and jamming out on his guitar. He works in a management position for Unisys Technical Services, a subsidiary of Unisys Corporation.