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A steady stream of recent rumors have suggested that Google's next volley of Nexus devices will include an LG smartphone, and a new gallery of photos posted by an xda-developers forum member might give us our first peek at what the handset is going to look like when it's announced in the coming weeks. The images show a phone that bears a striking resemblance to LG's recently-announced Optimus G flagship — as expected —this comes with a 1.5 GHz quad-core Snapdragon S4 Pro CPU, an Adreno 320 GPU, 2 GB of RAM, 8GB of non-expandable storage (only for prototype), 768×1184 320 ppi display, an 8 megapixel camera, Jelly Bean MR1 and Kernel 3.4.0. 
More evidence lies in the phone's About screen, which shows a model number of "Fully JellyBean on Mako" — Nexus afficionados might recognize mako as a type of shark, and all Google-designed Android devices (dating back to the T-Mobile G1) have been named after fish. Labels on the phone also indicate a model number E960, which Droid Lifenotes has been attached to the mythical LG Nexus phone in previous rumors and has recently passed FCC testing.
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Signs point to an announcement as soon as late October, so we won't have long to wait to find out whether LG's finally getting a shot at the Nexus program.
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Honestly, this device looks ok. LG making a Nexus is a not a great idea, I rather see a HTC Nexus then a LG Nexus. The front looks good (normal) but the back looks devastatingly terrible, especially the camera. Would you get this over a Samsung Nexus? 
(UPDATE: In person, the back looks great. Still, the camera and flash looks very un-dynamic compared to the Galaxy S4)