Online store has just updated its list of mobile devices and one of the new items on the list is the Sony Ericsson Xperia ray, which Sony Ericsson just recently introduced together with the water-proof smartphone designed for rugged and active use, the Sony Ericsson Xperia active. will start shipping the Sony Ericsson Xperia ray from August 15 onwards. The list price is GBP350 (about US$563) for the SIM-free, unlocked handset.

For a handset with a single-core 1-GHz Qualcomm Snapdragon processor and 512 MB of RAM, the retail price for this beautifully designed Sony Ericsson smartphone has been criticized as being rather pricey. Several critics say one could get a faster dual-core handset for about the same price range.

The Sony Ericsson Xperia ray may appeal strongly to users who are fond of great display capabilities. Although the Xperia ray’s screen size is just 3.3 inches, it has a surprisingly good screen resolution of 854×480. It also includes an 8.1-megapixel camera, 4 GB MicroSD storage (expandable to 32 GB), and HD video capture capability.

At the said price, do you think the Xperia ray is a good buy? Or will you wait for a 50-dollar price drop before you can feel more comfy with the price?