Until the end of the day, online daily deals website iBood is offering the Acer Liquid E Android-based smartphone for as little as £132.90, which is nearly a third of the phone's suggested retail price and around 25 per cent less than its nearest competitor.

The phone's technical specifications reminds us a lot of the Orange San Francisco/ZTE Blade but with some notable improvements.

The Liquid E has a Qualcomm Snapdragon SoC clocked at 768MHz rather than 600Mhz for the Blade. It comes with 512MB RAM, 512MB ROM, a bundled 2GB microSD card, a 3.5-inch capacitive touchscreen with a WVGA resolution, WCDMA and HSPA network compatibility, GPS, Wi-Fi and a 1350mAh battery that can deliver up to five hours talktime.

As for the (other) improvements, they include Android 2.2 Froyo as well as a five megapxiel camera with AF and enough raw power to be able to run 720p videos. We're not so keen though on Acer's proprietary user interface, which tends to make it more difficult for the manufacturer to deliver faster upgrades and may even slow down the device.

As mentioned above the only rival for the Acer Liquid E in this price range is the ZTE Blade (and potentially the Libra) which costs less but also has a 3-megapixel camera and Eclair rather than Froyo.