Be ready with your most winning smile: Nokia has officially entered the heavyweight 12-megapixel camera phone market with the announcement of its latest release, the Nokia N98. Coming a year on the heels of 12-megapixel camera phones such as Sony Ericsson’s Satio and Samsung’s Pixon 12, Nokia promises to trounce its competitors with a superior camera, more powerful processor, top-of-the-line OS and more power-packed features.

Just what is it in the Nokia 98 to make your pearly whites gleam? First off, it boasts of a 12-megapixel camera with an optical lens designed and made by renowned German lens company Carl Zeiss AG. It also has a large camera sensor comparable to those found in standalone compact digital cameras. The camera has a digital zoom of up to 3x plus the Zeiss optical zoom. With these Nokia promises that with the N8 you get crisp, clear, high-definition images that can rival the best photos from compact digital cameras. But don’t let your jaw drop just yet. The N8 also promises to deliver HD-quality video, capable of recording up to 720p – yes, the same quality video you see on home theater-size LCD displays.

But really, the best reason to smile with the arrival of the N8 is its superior all-around technology – it’s packed with an ARM 11 680Mhz processor, 256 MB of RAM plus 512 MB of ROM, and the latest Symbian operating system – the Symbian^3, which is known for its improved video streaming power and faster, sharper interface. Since it’s being touted as a “home theater in your pocket”, the phone also boasts of Dolby surround sound speakers and HDMI connectivity that allows you to connect your phone to your TV to watch high-def videos.

So to all camera-hoggers, photo-snappers, video hags and streaming junkies out there, watch out. The Nokia N8 may just well be the start of a new multimedia phone revolution.