After kicking off the Windows Phone 7 launch with the HTC Surround and the Samsung Focus, today AT&T started offering their third WP7 device to the masses.  The QWERTY-fied LG Quantum is now available direct from AT&T for $199.99 with a two-year contract.  In exchange for two hundred of your hard-earned dollars, you'll be getting a 3.5-inch scree, 1GHz processor, 5 megapixel camera, 16GB of storage, and, of course, that slide-out physical QWERTY keyboard.  You can check out the full press release below.

Now that there are three Windows Phone 7-powered handsets on AT&T, potential customers have a tough choice to make: do you go with the full touch Samsung Focus, the HTC Surround with slide-out speaker, or the only device with a physical keyboard, the LG Quantum?  While it's nice that the Quantum has a hardware 'board, there are some wonky aspects of the WP7 OS that don't seem to work smoothly on the device.  For instance, when you're using the Quantum in landscape with the QWERTY out, you have to look at the home screen sideways because it doesn't switch to a landscape view.  Not a big deal, but it's something to consider.

Experience Life at Your Fingertips with the New Windows Phone 7 from LG Mobile Phones

LG Quantum™ Offers Users a Glance-and-Go Platform That Makes Living in the Moment a New Reality

SAN DIEGO, Nov. 15, 2010 /PRNewswire/ -- LG Mobile Phones today announced LG Quantum, the first Windows Phone 7 handset from LG, is now available online at www.wireless.att.com and in AT&T* company-owned retail stores nationwide. Available exclusively to AT&T customers, LG Quantum keeps users connected to the contacts and networks that mean the most with dynamic Live Tiles and Hubs that automatically update with the latest news. LG Quantum allows users to do more in fewer steps with a 3.5 inch capacitive touch screen and a full slide-out horizontal QWERTY keyboard.

LG Quantum features a superfast 1GHz processor, 16GB of built-in memory, and 10 free apps available through the LG app store within the Windows Phone Marketplace, including Workout Tracker, Scan Search augmented reality and Tool Box complete with Unit Converter, Level, Flashlight, and more. In addition to these everyday free apps, LG will regularly release new apps that will be free exclusively for LG Windows Phone 7 owners for a limited time. LG Quantum offers the speed and tools to manage everyday activities without slowing down. LG Quantum's 5.0 megapixel, auto-focus camera with flash, 720p HD video recorder and unique "Play To" technology, create a one-of-a-kind media experience by allowing users to stream media content directly to DLNA-DMR equipped entertainment devices. In addition, LG Quantum is Wi-Fi capable and equipped with ActiveSync to seamlessly synchronize email, work and personal contact information, and calendar. LG Quantum also features Zune, Xbox LIVE gaming, Microsoft Office Mobile 2010, and Bluetooth® stereo.

"LG Quantum gives users the freedom to organize their lives while on-the-go by delivering a distinctive blend of innovative tools and efficient design," said Tim O'Brien, vice president of trade and consumer marketing for LG Mobile Phones. "Providing faster communication, integrated messaging and breakthrough multimedia experiences, LG Quantum is a smartphone device unlike any other."

LG Quantum is now available at AT&T company-owned retail stores nationwide and online at www.att.com for $199.99. Two-Year agreement and smartphone data plan required.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

Price established by AT&T for AT&T-owned retail outlets.