Samsung is going for the gold. It will make the special edition P318+ encased in, what else, but 18k gold. There will more than likely be Olympic-related extras that come with this one such as wallpapers, ringtones, and video clips. And for those die-hard Olympic fans, it appears to have the Olympic logo etched onto its exterior.
Implications - The blinging cell phone is pretty compact due to its miniature size. The screen takes up half of the mobile with the scrunched-up buttons taking up the rest of the body. But if it was any bigger, the extra gold would definitely add to the weight, so the size is understandable. Other than that, it looks like a simple phone with call and answer, e-mail and MP3 capabilities.