An anonymous tipster has sent MyNokiaBlog the following specs for the recently leaked Nokia Lumia 520 and 720.

The specs are:

The Lumia 720 codenamed Zeal and Lumia 520 codenamed Fame is definitely a confirmed WP 8 devices. Lumia 720 will have 4.3? CBD, 1Ghz Dual-core, 512Mb RAM, 8GB storage, HSPA+, WP8, microSD, 6MP camera and 2MP front camera Lumia 520 will have 4? Super Sensitive screen, 1Ghz Dual-core, 512Mb RAM, 8GB storage, microSD, WP8, 5MP with no front camera.

The two handsets show very little compromise for their likely low prices, with the main “handicap” likely being having WVGA vs HD screens, which is hardly a major issue.

If Nokia can hit the right price points with these devices and also ships them soon Blackberry and Android may have a real battle on their hands in the low end.