The phone, whose leaked pictures were posted on this blog earlier this week, is the result of plenty of market pressure since the iPhone’s debut more than a year ago. According to a Gartner analyst in the article, Nokia’s position as the leader of the mobile market has got the world waiting for their next move.

That move is reported to happen Oct. 2.

Nokia announced back in July that it would introduce its first touch-screen phone this year, and that it would be sold for a cheaper price than rival touch-screen models in order to tap into a higher-volume market.

Of course, the pressure’s on ever since HTC and T-Mobile introduced the Google Android-powered G1 this week, which retails for $179, slightly cheaper than the iPhone.

Would you buy a touchscreen Nokia phone? And for that matter, will touchscreen smartphones replace standard cell phones altogether? Tell us in TalkBack.