Swype for S60 v5
Swype provides a faster and easier way to input text on any screen. With one continuous finger or stylus motion across the screen keyboard, the patented technology enables users to input words faster and easier than other data input methods—at over 40 words per minute. The application is designed to work across a variety of devices such as phones, tablets, game consoles, kiosks, televisions, virtual screens and more.
From Nokia Betalabs
While swype is has already been with Android phones and Iphone (for quite some time on S60 V5 - i've tried the beta version on my n97 before), its just now that it becomes available for S^3 phone. As you can see on the video, its really fast to type messages using swype. We just need some time to get used to it. Sadly swype is not available on S^3 devices on portrait mode (since portrait mode only offers T9 text input and not qwerty).
Swype for S^3
Swype is available in the Ovi Store (but may not be accessible to all countries).
More information on Swype's website
Swype is now available for n8.