Last night Sony Ericsson released their 8 megapixel camera phone, the W995. Following suit today Nokia unveiled details about the N86, Nokia’s first 8 megapixel Nseries smartphone. So what are we looking at? Aside from the excessively large image capturing abilities, the N86 is a full fledged media player, will be available in a variety of connectivity formats, runs S60 3rd edition, sports a 2.6-inch AMOLED 240×320 screen, 8GB built-in flash memory, dual LED flash, WiFi, A-GPS and can capture video at 640×480. Hit the pics in the gallery for the leaked spec sheet.