iPad3 - is This the Future of Handheld Devices?

The WSJ has just  busted open the Tech Story Of The Year, having noticed a tagline to accompany an Apple corporate invite that promised, "We have something you really have to see. And touch."
Could this be a leaked image of the hand-held device Apple believe will rival the legendarier Macbook Wheel?

yeah, I realize it was funny a mere four years ago....

Looks like we'll just have to wait until Yerba Buena Center for the Arts' March 7th Media Event to test-drive this baby.