We have heard about this rumor before but now it is confirmed! HTC will introduce a "Magician Refresh" (the HTC Magician is the reference design of the i-mate JAM, T-Mobile MDA compact and O2 Xda mini) which will be introduced by Qtek as the S110 and will includes 128 MB of RAM instead of the Magician's 64 MB only. So HTC almost doubled the RAM - which was (beside the missing Wi-Fi) one of the most criticized "features".
In addition, Qtek will also use the - by O2 Germany - introduced anthracite case color instead the normally used silver housing.
All other features will remain, no Wi-Fi, tri-band GSM, Bluetooth, 416 MHz Intel Bulverde CPU, 1.3 megapixel camera etc.
Neither a price nor a release date was given yet but Q3-2005 is most likely. Also it's not clear yet if others, carriers or OEMs like i-mate will also introduce the "Magician Refresh" (haven't heard about the official code name yet).
Cheers ~ Arne