Well, you guys have finally turned me.
I still don't see the non-moving text, nor do I feel that the finger/jog dial evidence is conclusive. But I do not believe we will see Steve Jobs hold this device up on Monday.
Apple's designs are always clean and streamlined--e.g. nothing bulges. That dial thingy with the chrome logo sticks out, and just doesn't look like anything "Apple" but the old G4/iBook power adapter.
Maybe it's real, but just a prototype?