LG KP500 is set to hit the market later this month. Though its nickname, Cookie, doesen’t make you think we are talking about a 3-inch touchscreen cellphone, we can say that it has decent features: Bluetooth, GPRS/Edge, FM Radio. The price is great, I must say, only $288 and probablly below $100 on contract, but as you thought threm must be something wrong with this phone: LG’s KP500 3MP camera can only record video at QVGA resolution at 12 fps and it can only playback MPEG4 videos. Anyway, if you are satisfied with the performances of its camera, go ahead, buy one, LG Cookie is nice.