Verizon poised to launch LG VX8550?

It looks like Verizon and LG are gearing up to release to their latest addition in the Chocolate lineup, the VX8550. This round, the VX8550 is sportin' two new colors than before -- this time "black cherry" and "blue mint" will make your mouth water, and lets not forgot the traditional black. The device is expected to hit the street around around July 9 and cost $100 with a two year contract. There's even talk about reducing the cost of the music essentials kit that includes a microSD card, data cable, Bluetooth headset, and a gift card for music. Could this be Big Red's attempt to persuade consumers away from AT&T's music phone for their own latest addition? We hope not.

[Thanks, HTC Kid and SC]