We continue our crusade to expose cheesy products endorsed by some of the world’s premier automakers. First it was the Porsche snow sled, then the Saab ski, now a Ferrari phone.

Motorola, which has become one of the lesser lights in the cell phone industry, has teamed with Ferrari to produce the MOTOZ8.

The Ferrari Limited Edition MOTOZ8 comes bundled with 2 Ferrari videos, pre-registration to the official Ferrari site (www.ferrariworld.com), custom Ferrari wallpapers and ringtones, direct links to online Magazines like Top Gear, Auto Express, GQ, Esquire and Autosport, and a bundled “The Bourne Identity” movie. I’m sure it will appeal to some diehard Ferrari and MOTO fans, but otherwise it’s just plain old Motorola Z8 RIZR phone. And it won’t even be available for Christmas.

MOTO Z8 Ferrari Limited Edition will come on sale through Ferrari Store and major Motorola retailers in early 2008.

Even though it is a Ferrari, there is no mention of accelerated “speed” dialing capabilities.