You can get an E50 with a 1.3MP camera. I don't think the lack of flashy menus/galleries should be held against the phone considering its price point and how it isn't a true Nseries.
And Angel I agree...an N80 would be an equally great choice if you wanted to spend a few extra dollars. I would personally get an E50 if I wanted to spend no more than $250 (then again, I would proabbly make myself wait until I had about $400 for an N73 or N80).
Also, the 6290 is getting to be released. I believe this is a S60v3 FP1 budget model, so, I don't imagine the price point could be too high. I wouldn't hold your breath waiting for it though -