Sprint’s announced pricing and availability for the low-end LG Optimus S. Starting November 7th, you’ll be able to grab the charcoal version of the device with the purple one coming exactly two weeks later. You’ll have to throw down $149.99 initially, but a $100 mail-in rebate knocks the overall price down to $49.99, just as Sprint’s promised. This phone is not to be taken lightly just because of its price. We played with the Optimus S at CTIA, and it really does perform for its price and the market it’s aimed at. Be sure to grab a look at this thing here, and if it’s something you see yourself wanting to carry, get your wallets ready.