While we don't know if the video above is valid, we do know that the tracks below have been confirmed.

1. "Ace of Spades" by Motörhead
2. "Everlong" by Foo Fighters
3. "Pinball Wizard" by The Who
4. "Panic Attack" by Dream Theater
5. "Any Way You Want It" by Journey
6. "Chop Suey" by System of a Down
7. "Kids in America" by The Muffs
8. "Give It Away" by Red Hot Chili Peppers
9. "Hello There" by Cheap Trick
10. "Pump It Up" by Elvis Costello

UPDATE - Rumor busted? This bit comes in from reader Mike...

The list at the bottom came from a press release by EA stating that Panic Attack is the dream theater version. The video shows finger 11 as the band when Panic Attack is selected

Link