Speculations on the Akatsuki's leader's identity finally came to a grinding halt when he is revealed for the very first time in chapter 363.
At first glance, our man here looks like a very mature looking Naruto with piercings everywhere, with swirly eyes to boot. Oh well, so much for the Yondaime being the leader theories then, although I wish Kishimoto would have been more creative and not make him look so similar to the titular character. Of course, now all eyes will be on the person who is giving the Akatsuki orders(and that lady Akatsuki member). Let the speculations begin once again! Shin out.