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untitledmangxg from XDA-Developers claims to have the new LG Fantasy, and has the pictures to back it up. he claims the device was sold to him by a Romanian tester and comes with a 4 inch IPS display and runs Windows phone Mango.
He calls the device “very nice~ and we will have to agree.
The handset was first leaked all the way in July 2011 by Pocketnow, but then of course was just a rendering and was not accompanied by specs.
See the XDA-Dev thread here.
Thanks Chaitanya for the tip.