I think when we see reports come out that show 4.2 at only on 2.7% of devices, and then reviews come out that talk about lack of LTE ad-nauseum, they forget the value of speedy updates. While the Nexus 4 probably won't sell as much as the S3, I think at this price point you can't ignore the value of updates straight for Google. While yes, it has been like this on every other Nexus model (sans the Verizon Gnex) at this price point off contract is INCREDIBLE to me. To me the Nexus line has never been about hardware bleeding edge, it's about Android's bleeding edge. And that's generally something the general user doesn't experience. I think while they would have imagined they would have loved to have an LTE version, I don't think you can pretend it wouldn't have raised cost, and cut off their ability to update it. IMHO (and as a Gnex owner) I think that hurts the Nexus MORE than LTE. Or remind me again how well the LTE Galaxy Nexus sold?