Surprise, surprise.  After seeing leaked pictures of the device with AT&T branding earlier in the year, the LG Arena has officially made its way to the nation's second largest wireless carrier.  Features include a 3-inch WVGA touchscreen, 5.0-megapixel camera, LG's S-Class UI, GPS, Wi-Fi connectivity, and AT&T's Mobile TV service.  The Arena will arrive online on February 26th, with retail availability pegged for March 7th.  Expect it to cost $199 after a $50 mail-in rebate and new two-year customer agreement.

So, we have a featurephone that costs the same amount as a 16 GB iPhone 3GS (and that's after rebate, mind you).  Keeping that in mind, is anyone interested in purchasing the phone?  If you're up for a bit of light reading, the full press release can be found here.

Via Engadget