So Microsoft is showing off the Jil Sander Phone, running Windows Phone 7. It's basically an LG Optimus 7 with some ridges and a Jil Sander app. After playing with the new Nokia and HTC Windows Phones minutes before, it feels super cheap — sort of the opposite of what we'd expect for a "designer" phone. Combined with last year's internals, it's a pretty disappointing showing. The phone is out now in Europe €300. Check out the gallery below.