I have the Nokia 216 (which you can - or could six months ago - buy in the UK in Tesco for about £25) and it also suffers from the same limited text storage cap

I have the Nokia 216 (which you can - or could six months ago - buy in the UK in Tesco for about £25) and it also suffers from the same limited text storage capacity: I think it's probably the most annoying thing about it, since it's clearly so unnecessary (unless it tries to store the messages on the SIM and that only has limited space? Not sure...). Otherwise I would moderately earnestly recommend this phone - it does everything you would want of a mobile phone in the late '90s, plus the BBC News web site works quite well in the browser!