It looks as if we no longer have to wait on LG to complete a slow and painful unveiling of its brand new Black Label series phone — if this is the real deal, of course. A very convincing promotional video popped up on YouTube that, if genuine, not only gives us our first shots of the device but also details the majority of its specs. As expected, the BL40 appears to be a very formidable phone with features that include a 4-inch 345×800 capacitive touchscreen display (note the very unusual 21:9 aspect ratio) under scratch resistant glass, 5 megapixel camera with Schneider-Kreuznach lens, 7.2Mbps UMTS/HSDPA connectivity, Wi-Fi, aGPS and the what appears to be a suped up S Class UI. While we feel it necessary to again stress that this video is in no way official yet and could certainly be a farce, we would love nothing more than to see this puppy materialize. Hit the jump to check out the video.