Phase Structure of Non-Commutative Field Theories and Spinning Brane Bound States

General spinning brane bound states are constructed, along with their near-horizon limits which are relevant as dual descriptions of non-commutative field theories. For the spinning D-brane world volume theories with a B-field a general analysis of the gauge coupling phase structure is given, exhibiting various novel features, already at the level of zero angular momenta. We show that the thermodynamics is equivalent to the commutative case at large N and we discuss the possibility and consequences of finite N. As an application of the general analysis, the range of validity of the thermodynamics for the NCSYM is discussed. In view of the recently conjectured existence of a 7-dimensional NCSYM, the thermodynamics of the spinning D6-brane theory, for which a stable region can be found, is presented in detail. Corresponding results for the spinning M5-M2 brane bound state, including the near-horizon limit and thermodynamics, are given as well.