This bad boy is getting a ton of heat over on the Deals of Hot UK. I speak of the Acer Liquid Gallant Duo, available to pre-order for £148.99 at Expansys.
Acer Liquid Gallant Duo specs include a 4.3in display (540 x 960), 1GHz single-core processor, 1GB of RAM, 4GB storage (augmentable via microSD), and Ice Cream Sandwich (Android 4.0). Oh, and dual SIM capabilities - hence the name. Not too shabby.
(Thanks to ds2909 at HUKD)