Pharos’ new Windows Mobile-based offering features a 3.5-inch display with wide VGA, and 3.5G data. You’ll get 512MB of Flash, 256MB of RAM, AGPS, 7.2Mbps HSPA on T-Mobile USA and European bands, WiFi, 3-megapixel cam to round it all out.

Sounds like an X1 without a keyboard. The device weighs just 4.9 ounces and will hit retailers this quarter for $599.95. Ouch! That’s kinda expensive. I don’t think it will be replacing many iPhones. I think it may tank. Hard.

Today Pharos launched a couple of new GPS navigation devices lacking it a lot of the more common features found in the latest GPS devices, but compensates for it with some very affordable pricing. The Drive GPS 150 and Drive GPS 250 are the latest from Pharos in their Drive GPS line of products differing almost only by size.

The Drive GPS 250 is the more expensive of the two with a retail price of $299.95 and features a 4.3 inch touch screen display, turn-by-turn voice prompted directions and a 1GB SD card pre-loaded with North America maps from NAVTEQ. The device also boasts a 7-hour run time off of a single charge.

This time Pharos took the horse by reigns and introduced a new GPS Smartphone by adding mobile phone capabilities to a GPS gadget, instead of embedding a GPS receiver and navigation software into some other mobile phone.

This Smartphone is definitely not light on the features (or the price for that matter). In this relatively small package comes not just a SiRFStarIII GPS receiver, but also all the big acronyms in mobile communications, including quad-band GSM/GPRS/EDGE, WiFi, Bluetooth and even FM radio. The smart device also houses a 2 megapixel camera and of course …