T-Mobile has rolled out a new phone for a price package that costs just a hair under $100.

The MotoRIZR is a mobile that comes with a 1.9-inch screen, 2.0 megapixel camera, 8x digital zoom lens, built-in flash, stereo Bluetooth, quad-band GSM, a voice-activated dialing feature, photo caller ID, speakerphone option, video capture/playback, calculator and calendar software and a 128 MB microSD card. The battery life is good for about three hours talking time (and a standby life of eight days.)

The price for the MotoRIZR is $249.99 but T-Mobile is shaving off a $100 discount and a $50 rebate right now bringing the total to a penny less than one hundred beans if you sign up for the two-year contract option. That’s definitely not a bad price for a slider phone using Motorola technology.