The rumour started as a unknown source emailed AICN confirming that he had been taken to the room by a woman named Rosie and was shown a suit that beared the House of El emblem, on an all in one piece blue suit made from leather with red sleeves and red down the sides. The unknown source at first thought this was for a rumoured "Metropolis" movie based after Smallville for apparent release in Christmas 2010.
Well a couple of weeks ago, Michael Ausiello of Entertainment Weekley posted this tibit about Season 9: "We'll be seeing the iconic "S" symbol "all over the place" in Season 9, including on Clark's chest. This spoiler may have something to do with Clark's "new approach to fighting crime". There you go folks, it looks like the suit is real and if you are one of the look ones who has seen it, please post the experience on here.
Thanks