Prada's sleek handset is back, this time around sporting a slide-out keyboard and a really cool sidekick. Engadget says LG has officially launched a microsite  to promote the upcoming launch of the sexy Prada II, which also gives us a peek at the matching Prada Link Bluetooth watch.

The phone itself sports a 5-megapixel camera with a Schneider-Kreuznach certified lens, a multi-touch display (similar to the iPhone), 3G connectivity, a front-mounted secondary camera for video calling, Wi-Fi accessibility, FM radio, microSD card slot, DiVX playback, and many more features.

The Prada II's partner in crime, the Prada Link Bluetooth watch, can display caller ID information, call history, and text messages without having to remove the phone from your purse or pocket. Also, the Link alerts you with a ring or vibration when you have an incoming call, and it doubles as a stopwatch and alarm clock.

The LG Blog says the phone will be available through major dealerships in Italy, UK, France, Germany, Spain and Netherlands before Christmas for a retail price of 600 Euros ($760). No word on whether it will be available in the U.S. anytime soon, but I'm sure you'll be able to find it through importers shortly after its release.

PradaphonebyLG.com