No, you clearly have not grasped the concept of "that logic". By the time the next iPhone comes out, the Incredible will be a month and a half old. As of now, the iPhone is 10 months older than the Incredible.
No, I'm afraid I don't still buy that. The next iPhone is newer than the Incredible, so it should OBVIOUSLY be better. Therefore, there's no point in comparing. If they were both released on the same day, fine, compare them. But as they weren't you can't. If that logic applies to 10 months (which some seem to think is perfectly long enough to fully develop and release a product, nevermind that Apple spent YEARS developing the iPhone), then the same logic applies to 1 day.