Sometimes we're completely blown away by what carriers have coming down the pike. This is not one of those times.
Looks like Verizon is once again teaming up with LG for a low-end device, which @evleaks claims will be called the Enact, and has a model number of VS890. There is literally nothing remarkable about this phone, save for the fact that LG decided to give the Gingerbread days a nod and resurrect the physical menu button:
Looky thar!

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Low-End LG Enact Tipped For Verizon, Sports Physical Buttons (Including Menu) And Meh Specs was written by the awesome team at Android Police.