The launch of the Panasonic ELUGA is a notable event as it marks the return of the company to the European and U.S. markets. For quite a while, primarily the Japanese got to enjoy the funky handsets that the manufacturer delivered, leaving us wondering what we could be missing on. Well, the time has come to check out a Panasonic handset once again. In terms of specs, the Panasonic ELUGA comes with hardware pretty similar to what the Motorola RAZR has to offer: a dual-core OMAP4430 chipset, 4.3-inch AMOLED display, 8-megapixel camera, and all of that encased inside a body you can slide through a pin's eye (metaphorically speaking). Seems promising enough, so let's fire this baby up and see how it performs in real life.