Only $300k

The Black Diamond, as it is called, will include features found in no off-the-shelf model, like a mirror-finished polycarbonate casing studded with diamonds. It will also sport a 4-megapixel camera and an ultra-sleek design.

Still, on the inside it will be a fairly standard Pocket PC phone. It will run Windows Mobile 5.0 on a 400 MHz Intel XScale processor. This smartphone will include 128 MB of memory and an SD slot.

The Black Diamond will be a quad-band GSM/GPRS phone with built-in Wi-Fi (802.11 b/g).