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Some images of the phone have also leaked on the Internet and thanks to the HowardForums we can see some of its pics. LG CU500 is a slim clamshell with internal antenna, and features a 1.3 megapixels swiveling camera, plus a music dedicated key on the front cover.
Unfortunately most of the pages on the FCC site regarding the phone are still unavailable and do not show any information, except that it's a GSM/EDGE (850/900/1800/1900), supports WCDMA 850/1900 (and probably 2100, which could turn the handset into a global 3G phone), and enables support for Cingular's HSDPA high speed data network up to 1.8Mbps. In addition, the phone features a 2 inch QCIF TFT LCD internal display and MicroSD expansion slot.
As seen in the pictures the phone is targeted for Cingular, so we should expect it anytime soon from the American operator.