Gizmodo has posted a hands-on of the OpenMoko powered Neo Freerunner smartphone. The Neo Freerunner is FIC’s commercial version of the OpenMoko phone which is plans to offer for sale later this spring.

Maintaining the overall look and feel of the developers’ Neo 1973, the Neo FreeRunner features hardware improvements such as 2D/3D graphics and a faster 500MHz processor that boosts performance to enable video and audio processing, as well as a new generation of mobile applications emerging from the open source community. Designed for worldwide use, FreeRunner will come in two versions: a 850MHz tri-band and a 900Mhz tri-band. Neo FreeRunner will also integrate WiFi (802.11 b/g) for online access anywhere, and will include motion sensors that will cue functions based on detected user activity.

The company says the original Neo 1973 sold out within three days of its introduction in July 2007.

“FreeRunner’s a significantly improved device from the Neo 1973. Our developers gave us great feedback as they explored the first version of the device,” said Steven Mosher, VP marketing, Openmoko. “We added WiFi, motion sensors, faster processing, and improved graphics, creating a compelling mass market device for open source development. The open source community was key in achieving that goal. Without them this remix of the Neo would not have been possible.”