Surely the camera bezel on the front will remain black, even on the white iPhone. I think what they will do is have two black bezels at the top and bottom, like the exiting iphones, but as part of the screen - allowing for function areas etc.
The bezel looks too thick and overall color combination isn't exactly on par with a remarkable first impression... I don't like how the sensors area alienates the screen either, the final iPhone will have much better visuals than this.