Light has built a name for itself in the minimalist smartphone space thanks to its stark designs, custom OS, and a deep focus on nothing more than the basics. But for as impressive as last year’s Light Phone 3 sounded on paper, its initial $800 launch price — now down to $700 for Light’s next preorder window — made for a tough pill to swallow. Light’s latest device knocks a whole bunch of cash off that price, and it arrives in a pretty familiar package.