This is a phone with a slide-out QWERTY keyboard. Here's a look at the other features:
9 way front joystick button, 16GB FLASH internal memory, up to 4GB mini SD slot, 16:9 3.2″ wide screen, GPS, MP3, DIVX XVID MPEG AVI video reading, WLAN WIFI, qwerty pad, 8MP camera, 3CCD 720 pixel wide 30fps video capture.
Now, if these specs would be true, I think Nokia N99 would be the first NSeries cellphone to truly justify the name of “multimedia computer”. But judging from the number (N99), it will be some time until this beauty comes out. We should see Nseries N97 yet.