I am posting this from my new toy, the Sony Ericsson K700i.
As such, I will keep it brief.
The short version is that it's fab.
Features include Bluetooth, GPRS, camera, radio, MP3 player and speaker phone.
The menus are not only beautiful to look at, but are slickly responsive, too.
The basic phone functionality is very well realised, with contacts being simple to use and for just about the first time ever, I can operate the call waiting.
I'll post a more detailed review soon.