As you probably know already, Facebook recruited many former software and hardware engineers from Apple and put them to work on the Facebook Phone. Michal’s Facebook Phone features a 4.2 inch display, possibly a Super AMOLED or SLCD 2 one, plus an 8 megapixel camera at the back. The design of the camera area with that metallic band would make any hardware maker jealous, aside from Toshiba, that already did a similar thing with the cameras on the Thrive tablet.

This looks like an Android phone, although the capacitive buttons at the button are pretty unique. There’s something about this phone that makes it feel affordable and sturdy… it may just be the build, that brings the idea of sturdiness and lots of plastic. The handset chargers via an induction charging dock and supposedly there’s a 5MP camera upfront for Facebook video chatting. I hear that Facebook’s stock value is dropping every day, so maybe they need a phone to get them up there again!

I’m certain that the Facebook blue printed on the back of the device is a special color flavour, that we’ll only find on this device. Let’s call it “Facebook Blue”, but the real delight is the front side. The handset integrates Instagram with LYTRO and seems to run Android 4.0 Ice Cream Sandwich, judging by the upper and lower side of the screen. To me this looks like a full touch smartphone with a 4.5 to 4.8 inch screen, most likely a HD one, although one wouldn’t necesarilly need 720p resolution to socialize.

If Facebook wants to keep the cost down, they’ll make a handset with great performance, cheap components, decent camera and great battery. So, a qHD display, 8MP camera with the latest and most affordable technology available (maybe from Sony?), a dual core CPU (Snapdragon S4 or TI OMAP) and 4G LTE connectivity. Would you buy this Facebook Phone?