AT&T and LG have just announced the LG Trax, a slim flip phone with HSDPA speeds. This allows it access to broadband services like AT&T Music and AT&T's Cellular Video service, plus it'll also support AT&T's new video-calling service called AT&T Video Share. Other features of the LG Trax include text and multimedia messaging, instant messaging, a 1.3-megapixel camera, in-camera photo editing, quad-band support, a music player that supports MP3s, WMAs, and AACs, a microSD card slot, and stereo Bluetooth capability. From the looks of it, the LG Trax may be replacing the LG CU500V, especially since the CU500V is no longer being offered on the carrier's Web site. The LG Trax will be available starting August 14 for $129.99 after a rebate and a two-year service commitment.