Welp I got this adapter for my Rezound, it works great! Im very sure it will work with the Nexus(since it works with the GS2 aswell).
For only $11.90 each when QTY 50+ purchased - Micro USB to HDMI MHL Adapter - Black | MHL Adapters
Cant beat $14 for it! better then paying 50 for an HDMI thingy.
Testing this as soon as i get my nexus just to make sure.