Nokia unveils the touch screen based music phone 5800 XpressMusic. Also called the Tube.
The Touch-screen looks really impressive with its 3.2-inch 640 x 360 resistive touchscreen. Many compares the Nokia 5800 with Apples iPhone, but the iPhone is more like a MID I think. 5800 is completely music-centric and not so much for Internet usage.
The price looks great though.

Nokia 5800 XpressMusic Specifications:

Operating System: S60 5th Edition
Band: GSM 850/900/1800/1900MHz, WCDMA 900/2100MHz or 850/1900MHz
Data: GPRS/EDGE/UMTS/HSDPA/WiFi
Size: 111mm x 51.7mm x 15.5mm
Weight: 109g
Battery Life: Estimated 17 days standby time, Estimated 9/5 hours talk time (GSM/UMTS)
Display: 3.2-inch haptic touch-screen, 640×360 pixel resolution
Camera: 3.2 megapixel autofocus with Carl Zeiss optics and dual-LED flash
Video: VGA resolution 640×360, 30 fps
Bluetooth 2.0 with A2DP
Stereo Speakers
Nokias "Comes With Music" Service. Unlimited music downloads for the first year
Memory: 81MB internal, microSD memory card slot with 8GB card included
Built-in GPS (A-GPS)
TV-Out
3.5mm audio port
Accelerometer
Comes with plectrum-styled stylus and a "normal" stylus

Nokia 5800 XpressMusic will be available Q4 2008. Q1 2009 for the "Comes with Music" version.
Price 279 EUR. No information what the "Comes with Music" version will cost yet.

Find more information here.