Well, watch phone fans… It was fun while it lasted. When we first caught wind of the LG Watch Phone, we laughed. When LG unveiled it, we were silenced. When Orange reportedly priced it late last week, we laughed again — and then cried. For the time being this is a rumor as Orange and LG have yet to confirm it, but word on the street is LG’s Watch Phone will be announced by Orange soon for a whopping £1,000 ($1,454) or £500 ($727) on contract with a monthly rate of £40 ($58) and up. Wow. The 3G is great, the UI is nice, the touchscreen is cool and the functionality is respectable but the price? No, no, no. That ugly little Phenom watch phone isn’t looking so bad anymore, is it?