However, our source says that the rear panel pictured is the device itself, and not the case. It is said to be made of polycarbonate, not metal or even Motorola's traditional Kevlar.
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And, even better news for you all: last time we heard from our source, it was for the disappointing news that the X Phone's release had possibly slipped to August or later; but in fact, the device is still scheduled for release in early July, so we may not have to wait to see the real thing. When we do see it, it should be packing 32GB of storage, and 2GB of RAM. The prototype has a 720p screen, but the final version is planned to have 1080p. Our source can't confirm the screen size, but said it looks to be around 4.7".
It will be running close to stock Android with no MotoBlur, but will have a few Motorola customizations including in power management. And, as we confirmed before, it will come in a choice of over 20 colors.