This is a commercial for the Adrian Veidt action figure that was never aired due to cancellation of the toy line. Found this on an old VHS. Did they ever make any of these??
[This is my winning entry to produce a fictitious commercial to appear in the 2009 feature film Watchmen. See the screencap of it appearing on TV here: http://www.timtoon.com/2009/08/20/my-veidt-toy-ad-in-the-watchmen-movie/]