It seems like a non-Walkman version of the recently announced W595 and fits in SE's strategy of making different versions of the same phone to cater to different audiences rather than to make a do-all phone. This is evident by the lack of Auto Focus in the camera of the phone which is completely unacceptable by today's standard. Even Music Flagships like Nokia N81 & Samsung i450 have Auto Focus cameras in them.
Source : SE4M Forums