If you have a Nexus One running Android 2.1 then there’s some awesome news for you! Nexus One has been hacked to record video in high definition (720p), all thanks to a member of XDA-Developers Forums.

Inspired by the overclocking capabilities of the Motorola Droid, folks at XDA-Developers have managed to overclock the most powerful Android phone available today – the Google Nexus One to 1.113Ghz. It is said to be running faster and is stable at this speed. It will be interesting to see how long can these XDA devs push to see the real potential and capabilities of this Qualcomm’s Snapdragon chip.

A new Android 2.1 ROM for Google Nexus One has leaked in the wild. This new ERE36B non-OTA is said to include a new radio, in a bid to fix the ongoing 3G issue which has been hampering T-Mobile Nexus One users since its January 5th launch.

In just under a week of official release, Nexus One has already got custom cooked ROMs waiting to be flashed on the said handset. Paul over at the Modaco forums has released one of the first custom ROM for Nexus One which packs a custom kernel, and includes busybox, nano 2.09, parted and sqlite tools, Wireless Tethering option (Yay!), titanium backup and more.