The Pantech Perception offers a 1.5 GHz dual-core Snapdragon S4 Pro CPU, 4.8-inch 720p HD display, 8-megapixel camera with 1080p HD recording, 1 GB of RAM, a 2,020 mAh battery, and Android 4.0 Ice Cream Sandwich with Pantech's UI. It's available for $99.99 - a reasonable price for a phone with some nice features, though Samsung's Galaxy S III and Apple's iPhone 4S are in the same price range. Is it worth buying the new device, or the reduced-rate options that still pack some great features? Part 1 of 2.