Moto X owners: What do you like and dislike about the phone?

I'm thinking about upgrading from an iPhone 4S and surprisingly, Motorola is manufacturing the Moto X here in Brazil and selling it at 60% the price of a Galaxy S4 / iPhone 5. No customization tho, only black and white models.

Camera is important to me, so how is it after the firmware update? Also, what do you think are other bad things about the phone?

If the camera is not at least on par with my iPhone 4S I may consider delaying changing phones. Btw the Nexus 4 took over 6 months to come here so the N5 will probably take a bit too so for now the Moto X would be the only android phone I'd consider.