I have owned this phone for about 4 - 5 months now. I paid 16k for it and got 2.5k for my old T610. I did a lot of research before actually buying this phone. The competing phones for this were the Nokia N series. All of the Nokia models available at that time was bulky and cost more. They didtn have good form factor. I felt this phone packed all the features, was not bulky and was priced right. So, at that time(around Oct-Nov 06), for the price range, this phone was surely Value for Money. I bought this phone and was proved right.
After long usage, I feel this phone has the following benefits.
2 MP camera
512 MB stick at no extra cost
Walkman with MP3 player
Battery lasts for 3 - 4 days with average usage - I am not a heavy user
Compact size
Sleek User Interface - Excellent Graphics
Video and Audio DJ softwares for playing around with pics, videos and sounds
Some disadvantages
The keys are small and if you have fat fingers, then it might be an irritant
The joystick in the T610 was better. You could just move the stick on all 4 sides. In this you have to press the button.
Battery and Talk time could have been more
CAMERA DOES NOT HAVE COVER - This is the biggest disadvantage. The lens always gets dirty and photos are never clear despite havin 2 Mp resolution.
Overall, I am quite happy with the phone. I did a lot of research before buying and settled on this model. I was not disappointed. I would say - BUY!