I gotta say it, the specs on this phone are sweet:

Screen: 16 million color 3.5-inch 960x640 resolution capacitive multi-touch display
CPU / GPU: 1 GHz Samsung S5PC110 / PowerVR SGX 540 GPU
Memory: 512 Mb RAM / 512 Mb ROM and MicroSDHC card slot up to 32GB
Network Connectivity: Quad-band GSM / GPRS / EDGE / WCDMA / HSDPA / HSUPA
Wireless Connectivity: WIFI / WAPI （802.11 b/g/n） and Bluetooth 2.1 + EDR
Sensors: Gravity sensor, ambient light sensor, infrared distance sensor and electronic compass
Positioning: GPS / A-GPS and electronic compass
Video Formats: AVI, MP4, 3GP, MOV, MKV and FLV format
Sound Formats: FLAC, APE, MP3, OGG, AMR, AAC and other formats
Picture Formats: High-resolution JPG, PNG, BMP and GIF format
Camera: 5 mega pixel, 720P HD recording, auto focus, touch focus and digital zoom
Battery: 1370mAh lithium-polymer battery
Ports: Mini USB2.0 high-speed port and 3.5mm stereo headphone jack
Dimensions / weight: 59.8 × 113.0 × 11.2mm / 123g

and it costs about 400$. thats a lot cheaper than other phones with similar specifications. what do you guys think?

ooh retina Display!!!

There is a whole youtube channel dedicated for this device http://www.youtube.com/user/MeizuMiniOne
Whats interesting is that this matches pretty every part of the iPhone experience, something that has been hard to truly replicate.

sounds good but i wouldn't touch it unless I lived in China. They didn't do a good job translating the firmware to english yet, and the cheaper price has to come from somewhere.