T-Mobile just officially launched its latest android phone — the Samsung galaxy S 4G. We doubted it would get priced a bit higher at $200 with a two year agreement, and our nightmare came officially true today. Still,  T-Mobile is quick to point rather bigger figure for purchase of Galaxy S 4G, at $500 — which is of course without-contract price.

For the 200 bucks — presumably very valuable — you spent on Galaxy S 4G, you get yourself a sleek and beautiful Smartphone with a 4-inch Super-AMOLED display, a 1 GHz Hummingbird processor, a 5 megapixel camera and compatibility with Samsung’s 4G HSPA+ network. Basically, Samsung Vibrant at T-Mobile already got it all, except the HSPA+ connectivity, which is why Galaxy S 4G is born.

An Android 2.2 may sound as an disappointment but we really have real hopes of Galaxy S 4G getting Android 2.4, since we’ve been hearing a lot that Android 2.4 will be called Gingerbread only — so it’s prudent to update the phone once and all with Android 2.4, totally skipping Android 2.3.

But, whatever be the case with the OS, the phone is definitely hot, comes with a preloaded movie: Inception, and it can stream HD TV, capture HD video, Samsung™ Media Hub gives you cinema-quality entertainment, and live video chat powered by Qlk™. Samsung’s Media Hub application, that comes pre-installed with Galaxy S 4G letting you purchase entertainment stuff, even supports direct billing to T-Mobile account — which is a cool!