The world's first Tegra 2 based smartphone, the LG Star, has been spotted and a video is below for your visual pleasure. The Star is a 4-inch Android 2.2 based handset.
GSM Israel somehow obtained the phone - which includes an 8-megapixel camera and (shock!) a HDMI port. They've put it side by side next to Apple's iPhone 4 and it is quite fast at loading webpage tests.