Back in October, we heard Nokia announce its budget-priced Lumia 510, an affordable alternative to its Windows Phone 8 lineup, targeted at developing nations. Today, the 510 gets joined by the 505, a budget model with a slightly different look, and this time set to make its debut in Mexico. The 505 runs Windows Phone 7.8, and features a 3.7-inch WVGA AMOLED display. As shouldn't be much of a surprise for a model like this, the 505 has a scant 256MB of RAM and just 4GB of flash. Connectivity options include 3G on the 850MHz and 1900MHz bands. While models like the 505 aren't going to win ...