Do yourself a favor and mute the sound for this one. It has some loud music attached to it that I could do without.
This has been on YouTube for quite awhile, but could possibly be a sneak peak of what the Red Skull from Captain America: The First Avenger might look like. I have no idea if this is real, but I think it's interesting and you might too so check it out.
CBM Comment: First off, its a bit too early for any definite costume leaks. And this is pretty ancient, so I'd bet this is just some clever fan's 2007 halloween costume.