I was also able to play with a demo unit of the Acer Liquid last night at the PC Show and they were selling the unit for and equivalent of Php21,200 (SG$640.93) after taxes.
3.5â€³ capacitive touchscreen @ 480Ã—800 pixels
Qualcomm Snapdragon 8250 768MHz
256MB RAM / 512MB ROM
up to 32GB on microSD (2GB included)
HSDPA 7.2Mbps, HSUPA 2Mbps
WiFi 802.11 b/g
5MP AF camera
GPS w/ aGPS support
Bluetooth 2.0 w/ A2DP
Lithium Polymer battery 1350mAh
Android OS v1.6 with Acer UI 3.0
The phone looks a bit wide but does not use up all the real estate for the screen (so you only get 3.5″) — it gives an impression of a huge screen because of the black bezel.
There are no physical buttons here and the front controls are provided by a touch panel (similar to the implementation of the Nexus One). There 4 controls include — Home, Search, Back and Menu — but there’s also no haptic feedback to help you get a good feel of those touch controls.
The device responds well and feels snappy and though the Android OS is old (v1.6 Donut), Acer added a little UI improvements with a carousel-like display of media files/web pages on both ends of the 3-panel UI. It’s a nice-looking device at first from afar but once you hold it, the plastic construction gives a cheap feel to it.