It works fine on my Incredible, been running it for a week now. (and not a Droid or Nexus 1 user! LOL)
Using your phone, go to this link:
http://sites.google.com/site/droidlife10/home/google_earth.apk?attredirects=0
Download the apk file and then use Astro File Manager to install.
The link works for me.
This app is soooooo sick on the Incredible. Thank you!