lol some of the people on here are redicouous...its ONLY $300 WITHOUT contract... and unlocked...seriously, find a phone that has those specs, at that price...it doesnt have LTE? 1) HSPA+ is pretty fast (get like 5-7 mbs where i live) 2) who is to say that there will not be carrier specific LTE in the future??
For only $300 this is a steal...compare the 16gb nexus 4 to the iphone 5...Nexus= $349 vs. Iphone= $649...only difference? no LTE but is it worth paying nearly double for that? I feel like getting one because its just so cheap and such a great phone (spec wise)..
It is absolutely a great value...if it meets your needs. I personally will not go back to HSPA from LTE, need more than 16 GB storage, and want a quality camera on my phone--3 areas the Nexus 4 falls short. I don't need an unlocked device--I'm on a corporate cell plan and am not going anywhere so for less money I can get a better equipped device.
For some people this phone hit's their sweet spot. For others, they're willing to make compromises to get such a great price on an unlocked device--great for them. Believe it or not, not everyone falls into those two categories.
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Engadget's hands-on and walk through: http://www.viddler.com/v/156bce48?secret=35112322
Device looks more and more beautiful. I'm so glad the back is very subtle.
And yes, you can configure the pull down Quick Settings menu, which I was wondering about.
Just watched this walk though--have to admit, very good looking device, best looking Android device available, IMO. Damn Google, if you could have just made a version that included LTE and at least 32 GB...I'll give you $500 for that.