I've been waiting for a cheap(ish) offer to come on this phone for quite a while. It looks quite amazing. Once QuidCo's been taken into consideration this actually beats most cashback deals!!
Three have a brilliant offer on their website. Basically, you pay them £15 per month line rental. That's half price line rental for 18 months, subject to an 18 month contract. You only pay the half-price line rental to Three. No cashback or claims are involved. You get the LG U400 Neo for FREE. You'll also get 500 any time, any network minutes per month. Purchase via QuidCo.com for £70 in cashback.
The LG U400 Neo is a unique 3G slider phone with a 2 megapixel camera and advanced music features. The iPod-style scroll wheel lets you navigate through menus or play lists, and when the Neo is playing back music the scroll wheel can be used to add sound effects. It also has stereo Bluetooth, video calling, a high quality camera and stereo speakers.