Looking over at the Estato forums, my eyes went on the new Sony Ericsson W200i which has recently received FCC approval and could be announced anytime according to a few there.

The phone is a low end addition to the Walkman series and comes with a 176 x 220 pixel display, FM Radio and ofcourse a Memory card slot (Micro M2 cards). One of the biggest downside to this phone is the missing option of bluetooth which is probably taking the cut in features for a lower price a bit too far.

The phone shouldn't cost anything over $120-$150 and is a decent bet. Other features are not yet known at this point in time.