I do use that lite version which is fine on my old (new) mobile but this one takes a second to format the page. It downloads the text, shows all that but still looks like it's downloading something. When it's complete it redraws the page with all the colours and formatting and stuff applied making it look nice but annoys me.
If I press cancel when the text is all showing it'll just show the text on a plain white background instead. I dunno if I'm just cancelling the phone formatting it or whatever.
I'm using the browser that comes with my Nokia 6630 which is pretty basic. It does have a handy feature to save pages for later viewing which I find pretty handy.
I might give Opera or something else a try though.