LG KP500 - a full touch screen device

LG introduces

LG will be releasing a new device which will have 3-inch display, a 3 megapixel camera, motion sensor and touch screen.

Look familiar? I was certain it's an Omnia clone with a TouchWiz UI!

LG claims it will be a cheap device - I wonder what it means? (Moreover, I wonder who cares?)

Anyways, here's a video I found at EngadgetMobile presenting the Active Flash UI: