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The N97 is, perhaps, the most powerful smartphone on the market—at least in terms of overall feature set. It picks up right where Nokia's old Communicator model left off. In addition to tons of features, this also means the N97 is a rather large, unfortunately.

So what's a cell phone giant to do? Why develop a smaller version of your latest top-of-the-line handset.

According to a number blogs, Nokia is looking to launch a model called the N97 Mini on September 2nd during Nokia World in Stuttgart, Germany. Best of all, although the N97 Mini is going to be smaller than its big brother, Nokia doesn't plan to skimp on features.

So, even though display drops from 3.5 inches to 2.9 inches, the N97 mini will still run at 640 x 360 pixels resolution with 16 million colors and automatic brightness control. The mini will also maintain the sliding QWERTY keyboard and dual-LED 5 megapixel camera of the standard model, although it may be losing the lens cover.

Reportedly, the mini will come in 8GB and 16GB variations, down from the N97's 32GB of storage. It will also lose the D-pad of the larger N97 model.

Otherwise, the N97 Mini should be a quad-band GSM with 3G (UTMS, HSPA) phone like the N97. It should include the same GPS, microSDHC card, Bluetooth, Wi-Fi, and electric compass of the former as well.

To get a good idea of the difference in sizes between the two N97s, check out the leaked image above. It shows the N97 Mini (right) sitting right next to the N97 (left).

See here for more details on the Nokia N97 Mini.