The Pantech Maruader first leaked last week as the Star Q, but the specs that accompanied the leak were all sorts of wrong. The device actually has a 1.2GHz dual-core Snapdragon processor, likely the same chipset that is in the Incredible 4G LTE. It also has a 5MP camera, 1GB of RAM, and will be available for $49 on August 2 after a $50 rebate.

Verizon is directing this device at first time smartphone owners, or those that are coming over from having feature phones for years. The UI looks super simple, almost feature phone-esque, but the price is the key here. Not a bad option for those making their first smartphone purchase that aren’t planning on using much data with Share Everything. Then again, the Galaxy Nexus can be had for $50 more and is 10x the phone.