I posted the rumor last night from an anonymous source about the release of a possible Nexus Two from Samsung and Google.  Some people said it was B.S. and some people where intrigued. Now it has been confirmed by Gizmodo as being for real.  One of their friends managed to get their hands on the device and gave us some more details about the hardware itself.
It sounds like the phone will be almost identical in power to the current Samsung Galaxy S series but it has been confirmed as having a front facing camera to allow video chat.  This will hopefully be supported by the new technology in Gingerbread that Google is reported to be working.  So hopefully Gingerbread will have native video chat using the same protocol as Google Talk.
You can read more information in the post Gizmodo released a little while ago.
Source:Â Gizmodo