Well, i got home from work with SSF4 PS3 in my hand, when there was a fedex box at home. They dropped off my Droid Incredible 2 days early. I can tell you immediately, this thing is fricken FAST. It blows away my old overclocked droid by quite a bit speed wise. Its just insanely snappy! And ive read that there will be root access on it this week, so thats very exciting as well.
It feels a lot different then the moto droid, its lighter and more iphone-ish, i love the looks as well, much nicer looking then the moto droid.
If you are getting your first smart phone, i can only suggest the iphone or a android like the Droid Incredible. All my cousins have iphones and im the sole Android user. The thing is, anything they can do, i can do better on my phone, ontop of things they cannot do. The main advantage is the sheer number of apps available for the iphone. There are TONS of apps for android, but there are just more commercial products avail for the iphone.
Things are changing quick, and a lot of retail games are hitting the android platform, along with a lot of really great apps. I was waiting for the iphone to hit Verizon for a long time, and i just realized that its silly to wait for something thats not guarenteed. After i got my Droid, i loved it so much and it blew me away with its capabilities (my first smartphone). Now with my Droid Incredible, i see a iphone as a downgrade for me. Less possibilities and more closed source crap with proprietary everything.
I'd also like to say that if you want a more refined experience, go Iphone. Its made so anyone can use it. But if you like to know what your phone is doing in the background and adjust anything you like, i would go with a Android. Its not as refined, but you can make it anything you want it to be, which is absolutely not true of a iphone.