بسم الله الرحمن الرحيم. الحمد لله رب العالمين.
Today I report that Swype 2.01(4435) is now working again on my phone (Nokia 700, Belle FP1). By using a trick provided by N8fanclub.com, after Allah’s authority of course, the app now works normally again. The Arabic dictionary I previously installed also works without a glitch (at least up until now).
However, you have to hack your phone to do the trick. If you already have a hacked Belle phone, and you regularly use Swype, you could give the trick/fix a try.
[EDIT] Now that Swype Inc. & Nokia Betalabs already released Swype Beta 2.01(4436), non-hacked phone could also taste the Swype Keyboard again. Alhamdu lillaah!