The hardware on the Nexus 4 feels high end and expensive. The camera is fast and good quality (and Photospheres are awesome). The software is fantastic (and given its Nexus-ness it will continue to be fantastic and up to date for a good few years). The thing is blazing fast, scrolling around web pages in Chrome is buttery smooth for example. Speaking of Chrome, swiping in from the edges of the screen switches tabs, and with the Nexus's glass curving down off the edges, this gesture is incredibly natural and even kind of fun. Call quality is great, and signal strength seems solid everywhere I've gone so far with it. There's an RGB notification light on the front under the screen, and with LightFlow you can make it do your bidding. I really can't recommend this phone enough, buy it!