It’s been a long time since we’ve had any rock-solid, exciting iPAQ news to bring you.  You can judge for yourself how exciting this is, but we think it’s pretty cool.

HP will release a new iPAQ smartphone later this year, the iPAQ K3 “Obsidian,” and unlike its most recent devices, the K3 will be sold directly by a U.S. wireless carrier: AT&T Mobility. 

The iPAQ K3 will also run Windows Mobile 6.5, which is due out later this year.  It has a flush QVGA touchscreen display, 512MB of onboard flash memory, a microSDHC memory card slot, onboard GPS, and Wi-Fi.  With the inclusion of Windows Mobile 6.5, there’s little need for a stylus, and HP has decided to leave one out.

No word yet on pricing, but according to the product slide obtained by Engadget (which is the source for all of our current K3 information), the iPAQ K3 will be released by AT&T in November.