Alltel has a new LG phone for its customers. The LG Rhythm is a music phone which comes with Digital Signal Processing, a graphic equalizer, an internal FM transmiter and a 3.5 mm stereo headset and a microphone that can toggle from music to calls and back. There’s also an LG mechanical wheel with a center touchscreen, and a dedicated music hot key. The Rhythm comes with a 2 inch QVGA display, a 1.3 megapixel camera with zoom and camcorder, Bluetooth 2.0 capabilities and microSD support for up to 16 GB.

The Rhythm will cost $119.99 after a $50 mail-in-rebate, with a two year contract. Intersted? Go to Alltel starting today!