The Samsung Galaxy S Advance Is Absurdly Expensive

We were waiting for this  and it’s finally here. It’s a surprise,  but not in a good way. The previously unpriced Samsung Galaxy S Advance is, to Samsung, seemingly priceless. The device is set to go on sale for a whopping 494 EUR ($650).
To put it into perspective, take a look at what you get for that price as listed by the FCC documents.

• 1GHz dual-core CPU
• 4-inch Super AMOLED display
• 768 MB of RAM
• 5 MP rear facing camera and 1.3 MP front facing camera
• Android 2.3 Gingerbread
• 1500 mAh battery

Essentially, you get a smaller screen, a slower processor, and less RAM for a higher price than that of the Galaxy S II or the Galaxy Nexus, and of course it isn’t launching with ICS. I don’t see your reasoning behind this Samsung. Readers, I’m looking forward to your comments on this. Would any of you seriously pass up the S II or Nexus in favor of the Advance and if so, why? How about the price: justified or ridiculous?