Let's say you like the idea of a big-screened Samsung smartphone, but even the Galaxy Grand 2 is too rich for your blood. Are you stuck? Not at all -- the company has quietly released the Galaxy Grand Neo, a more frugal take on an already cheap handset. The new device keeps the Grand 2's quad-core 1.2GHz processor and 8GB of expandable storage, but scales down to a 5-inch 800 x 480 display, a 5-megapixel rear camera and a VGA front shooter. Few will be blown away by the hardware, then, although there is a healthy 2,100mAh battery inside. Let's just hope that the pricing becomes more competitive. As of this writing, the Grand Neo sells for a relatively high €260 ($355) after tax in the Netherlands; we can think of a few smartphones that offer considerably more for your money.