Update: This phone has since launched and Amazon.com has started selling the Motorola V505. After rebate you get $75 BACK. This is less than free.
Rumor has it that AT&T Wireless will today drop the Motorola V600 in favor of the Motorola V505. Currently the V505 is displayed on a AT&T Wireless specs page on the company's tech support site, though the photo is missing. MobileTracker has obtained a purported photo of the device (please excuse the quality):
While we have not mentioned the Motorola V505 before, it is expected to have features similar to the V500/525. A search on Motorola's web page for 'V505' turns up blank...
Update: AT&T Wireless now has a photo of the Motorola V505 on their servers and an image hosting server.
Update: MobileTracker can now bring you the specifications of the Motorola V505 (could change, based on information from AT&T Wireless, date unknown):
Update: The Motorola V505 has officially been launched on AT&T Wireless.