"This brassy little number is the LG "Monaco," which is apparently also known as the "Pico" to some folks; what it'll eventually be called at retail is anyone's guess, but the big news is the feature list: 3.6Mbps HSDPA, a 3.2-inch WVGA display, 5 megapixel AF cam, microSD expansion, an add-on pico projector of some sort, and Windows Mobile 7."
Although destined for AT&T, you might have to wait a while for the Monaco to turn up - unless they slap WM6.5 on this. Engadget also mentions that the Monaco doesn't fulfill WM7 hardware criteria due to the slightly smaller screen, so I wonder if we really will see this running WM7. I admit to being a little unexcited by the known specs or the design, though I imagine both will be subject to change. If this had been released a year ago it might have been top dog, but now (sans projector) it looks strictly middle of the road.