This is not exactly a new model, actually, it's over 1.5 years old. But on comparing to the recent model like P320, this one is nothing bad indeed. Its faster CPU alone worth the apparently older age, and Asus upgraded the operating system to WM6, so you don't have to do it by yourself.
I got this one from i-cable at $2080 (HKD), and they even offered me one more battery as well as a 1G mini-SD card for free. What attracts me most for this mobile phone is not just the price, but the built-in GPS, as well as Wi Fi.
My home has a Wi Fi network, and I've a small notebook computer (Sony VAIO U3). However, I found that I'm not using it as much as I expect, due to the boot-up time. You know when I wanted to check your email box, I would rather boot up the desktop PC. So now you know in that case, a Wi Fi capable phone is the best! No more boot up wait, and with the web browser of the mobile phone, you can check email, and browse your favorite forums any time!
Wi Fi is so nice that it's basically free if you have an access point at home and in the office.
Other than web browsing, and checking email, there are other interesting things to do as well. For example, my Asus P535 comes with Skype. Last time when I change my indoor wireless phone, I was tempted to get a Skype capable model, but I didn't do that finally. Now, it comes as a free bonus! Other than Skype, you can use Google Maps which is very nice to use. Of course, you will want some off line software map if you really want to use it outside, but Google Maps is great enough for planning how to get to your destination. So for entertainment, you can see watch online streaming television! My Asus P535 delivers extremely smooth playback here.
I always think the mobile phone to be the only really necessary electronic gadget that one would always bring. So, it's always nice to put as much as functionalities to it provided that it's still portable enough, and at a suitable price point.