T-Mobile Pulse Mini
T-mobiles Pulse Mini is the big brother of T-mobiles other Android powered handset; the T-mobile Pulse. Two main differences between models are the Mini rolls with Android 2.1 and is cheaper at £99, making it the cheapest Android phone yet!
The T-mobile Pulse mini was announced at the Mobile World Congress 2010 (MWC 2010) in February where there are a few videos shot showing the handset hands on in action. A few specs include include a 2.8-inch QVGA screen, stylus for the resistive screen, 3.2 megapixel camera, HSDPA, Wi-Fi b/g and a personalized UI which has some awesome widgets and scrolling features. The Pulse Mini also DOES include GPS, although originally it was reported to have not however this was probably due to the phone coming from a region where GPS is removed for whatever reason.
The Pulse Mini successfully launched in April in Germany and in the UK so you can grab one! At this price and specs, it really is the "most modern Android budget phone" to date.