PAYG phone with 5-megapixels? Yep, you've got it, with the LG KC550

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This isn’t the first time we’ve seen this handset floating about on the internet, thanks to FCC approval documents surfacing a month ago. Today, however, LG saw fit to formally introduce it to the world, and has given us some more details about the LG-KC550, or KC550 as it’s been fondly nicknamed.

Now, you can snap photos on it with the impressive 5.0-megapixel sensor, image stabiliser and Schneider-Kreuznach lens, however it’s sadly not 3G-capable, meaning if you want to send those photos anywhere? Yep, it’ll be on ye olde slow 2G, or via MMS, however it is being marketed as a pre-pay handset, which may explain the lack of high-speed internet…