Bought this...
I bought this for my girlfriend as one of her christmas presents. For the money you really can't beat it. She isn't a huge phone person so doesn't really NEED any advanced features.
She will use this mainly just as a phone more than a music player etc as she has an iPod for that. But she does like the idea of touch screen input etc.
I checked the phone over very quickly and it seems pretty decent. The menus were quick and easy to navigate and it runs pretty fluidly, obviously not as smooth as a high end phones such as the iPhone, but at this price point its perfect for people who don't want or need the top of the range kit.
I'd be happy to use this as a phone, but do prefer my N95 8GB and i'm not a huge fan of touch screens. Although theres not many devices which have such a smooth UI as the iPhone.
The LG is great for the price if you want a touchscreen. Hopefully she does like the phone when she gets it tomorrow lol. If she doesn't it can always be swapped.
On a side note when I got it I did it as a "PAYG" upgrade on o2 at Carphone Warehouse and she is getting £24 of credit since she has topped up £240 since her last "PAYG upgrade". Pretty good!