The Motorola Olympus has been spotted yet again. It resembles the Motorola Defy and was apparently bought at a flea market by a tipster.
It is powered by the Nvidia Tegra 2 platform and sports a 4 inch display. It will run Android 2.2 Froyo and also comes with an HDMI port.
The camera, presumably an 8 MP shooter, will shoot 1080p HD video. The Olympus will come with the MotoBLUR UI. It should be launched around January 2011.