Firstly, Ive had this phone for 3 months now and so far its been trouble free.
Ill make it easy for all of you and get straight to the point.
Positives:
Great Screen.(16 million colors.240x320)
Slim.
The stainless steel makes it look and feel luxurious.
The S40 OS which is phone uses is solid, fast and easy to use.
Reception and call quality is great.
The solitary speaker is louder than expected and gives good mp3 playback.
Negatives
Battery life isnt great.
Camera quality is ok during in good lighting conditions but terrible when it gets dark.
The audio player should have been better at making playlists and sorting through mp3s.
Overall though, for the price, you cant complain. I personally like the phone very much. Ive heard issues about the phone heating up during long conversations but Ive not had any such trouble myself.
Id choose this over the Sony Ericsson w880i.