It's got a 4.5-inch full HD display, a 1.5GHz dual-core processor, 8-megapixel camera, 1080p video support, and a front-facing camera. We're looking forward to getting up to our elbows in the NitroHD once we get it in our hot little hands (we have our first impressions for now).
LG's strategy of selling simple, inexpensive Android handsets like the Optimus V for Virgin Mobile was a smart strategy to quickly move products, and evangelize LG. At the time, the phones were a forward-thinking replacement for feature phones. Now, however, they're a dime a dozen.