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Phone Scoop has got some hands on time with another Android phone headed to Verizon, the Saygus V1. This is the one that I wrote about last week.

The VPhone — aka V1 — is being manufactured by Saygus. It runs Android 1.6 and will be updatable to Android 2.0 at some point in the future. Saygus executives said that the device will be available to Verizon Wireless customers, but it won’t be supported by Verizon Wireless. That’s one of the drawbacks of using an ODI handset. Anyone who eventually purchases this device will have to rely on Saygus for support if things go screwy. Once certified, the VPhone will be able to access Verizon’s voice and data network, but won’t offer Verizon-branded services.

Instead, Saygus is offering its own, home-cooked applications to make the VPhone stand out. The primary feature of the phone is a video sharing capability that will allow users to stream a live, bi-directional video feed between two phones. Yes, that means video phone calls from a cell phone. (Saygus claims its video compression technology is second to none, and will even work on EDGE networks.)

Head over to Phone Scoop for plenty of photos and a video…