With the February release of the Verizon iPhone and the Schiller-claimed shipment of the white iPhone 4 “real soon”, rumor consensus at this point has the iPhone 5 pegged for a September launch instead of a traditional summer unveiling.

Could it end up being even later than that, though? A new analyst report says that it might slip later, with iPhone 5 production only set to start in September.

The note comes from Avian Securities, who tell investors that Apple won’t be gearing up to manufacture iPhone 5s until September, consistent with other reports that says Apple won’t release the iPhone 5 until fiscal 2012, which starts in late September.

More intriguingly, Avian also claims that Apple’s planning a lower-priced iPhone with less expensive components. This isn’t a 2011 release. Rather, it’s a “placeholder” product with no known components or release date.

That sounds a lot like the iPhone Nano we reported back in February, a streaming-only iPhone that will allow Apple to better compete in the pre-paid and budget markets.

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Just love these rumors 

My FilmCritic.com column is back on its regular schedule, and this week my daughter (seen above, scowling dramatically) passes judgement on all effects-laden films prior to Jurassic Park and finds them completely unacceptable. Why does she do this — and is she correct to do so? The answers await you, my friends. As always, if you feel the need to comment, please feel free to do so over at the column.