The device is a ho-hum 1GHz CPU with a 4" Super AMOLED screen and a disappointing 4GB of storage on board. It features HSPA at 7.2MBps which is even a low-end data, bypassing the much preferred HSPA+ or HSPA+ DC like on the Lumia 900.
It does have a front-facing camera though and the design, while reminiscent of every other Samsung phone especially the W, still looks svelte and comfortable to use.
Having said that, this is obviously Samsung's "Tango" phone, playing up against Nokia's 610 and the ZTE Tania, meaning most of you will probably want to pass on such a phone and wait for Windows Phone 8.
We're curious though how such low-end devices will sell. In theory, if this phone is offered for next-to-nothing on contract it could be a very desirable phone for those who don't yet have a smartphone. That's an important market and while it doesn't earn headlines, for market share, it's an important demographic to consider.
No word on release though we imagine it will be out in a few weeks. It's planned for Europe and "other regions".