As the lower-specced of the handsets shown off at the mobile trade show, it packs a 3-inch WQVGA display, 3.2-megapixel camera, 3G, Wifi, and Samsung's older TouchWiz 2.0 interface, rather than 3.0 seen on the Wave.
As is becoming the norm, you'll find Facebook and MySpace apps built-in as well as Twitter, Bebo and IMing widgets available, and pictures can be automatically geotagged thanks to the built-in GPS.
Samsung was actually showing off a range of Montes, including some with hard keys, however Samsung informed us this was the only one planned for a UK release.
We're still waiting on release dates and pricing for this, but expect it to come in at the budget end of the market.
Check out our hands-on pictures and let us know what you think to it below.