I never saw this coming from Nokia, but they've done it and called it the N82 (not officially announced). It looks like a serious rival for Sony Ericsson's K850i. Even though Sony's always known to add more features than Nokia , the N82 seems to be loaded with a little more than what the K850i offers. We aren't sure of the final list of features, but here's the rumor list according to those at engadget. The N82, will supposedly feature a quad band GSM, HSDPA, WiFi, GPS, FM tuner, Bluetooth, a 3.5mm audio jack,a 2.4 inch QVGA display with auto rotating like in the iPhone, microSD expansion and of course a 5 megapixel camera, with Carl Zeiss lens and xenon flash. For those of you who are looking towards getting the K850i, wait and see what Nokia has to offer both in terms of features and competitive pricing. Brand loyalists, don't bother.
Update: Here's the final specs on the N82 which is now officially released....