A nice, blurry photo and Engadget Mobile calling it ugly predede this new phone that seems to be coming soon from HTC. Engadget expects that this one will hit at Cebit.

It'll apparently go by the name P3470 in HTC's lineup, clearly shoring up the very, very low end of the company's line with a mere 200MHz TI OMAP850 core, 256MB of ROM and 128MB of RAM, Bluetooth, integrated GPS, and a 2 megapixel camera

Oh, this isn't from "Pharos", the GPS company...

Source: Engadget Mobile