Virgin Mobile Kyocera Event Prepaid Android 4.0 Smartphone $39 AT TARGET
This is a better deal than we posted yesterday where Amazon had it for $49.99.
Specs: Android 4.0.4 Ice Cream Sandwich, 1000 MHz Snapdragon processor, 3.5-inch HVGA touchscreen, Wi-Fi and microSD capability, 3.2 MP camera with LED flash and video camcorder, Visual Voicemail, Stereo Bluetooth, Light Sensor, Eco Mode, etc.
This phone easily beats other cheap smartphones out there (Optimus Elite, PCD Chaser, Fusion, etc.) because it runs on Android 4.0 and has a noticeably faster processor and a modern design.