Taylow Wimberly has been the major source of accurate information related to the Motorola Moto X for the past one month before its official arrival. He's been so helpful with his leaks that we knew almost 90% of the phone before even its official August 1st unveiling. Hence, if the same guy were to post about some future Motorola device, a Motorola Nexus in this case, we take him seriously.
Wimberly did not release any more information except that "Motorola will release a Nexus smartphone in Q4 (that is not the Moto X)."
This only throws us into more confusion because we have been breathing and sleeping with the belief that LG is once again working on the Nexus Smartphone, this time the Nexus 5 flagship, for Google. It's possible that the Motorola Nexus (that's what everyone's calling it right now) might not really be the Nexus 5, but more of a mid-range Nexus device (we haven't seen a Motorola Smartphone that competes with the best of the best yet). Let's hope we get some more information from the same source over the next couple of weeks. Until then, unrest in my dreamland where LG and Motorola shall be raging war every night.