I actually agree with you. But, I took the plunge because I was planning to cancel my Verizon contract last month, which I did. If I had waited for the Nexus 4, I would still be paying $100 for the next 2, possibly 3 months. That's $200 right there. Add in the ETF, which would be between $240 and $260; the cost of the Nexus 4 ($335 for 8GB), and the initial cost of the Walmart Family Mobile plan ($50), and I'm looking at spending $835, at a minimum. However, if you take my ETF ($270), the Galaxy Nexus ($265), and the initial cost of the plan ($50), the total comes out to $585. That's a savings of $250 right there. If you can make the math work for you, then I say totally go for the Nexus 4 or the Galaxy Nexus. You can definitely find a better deal than I did if you shop around. But, where I am, the number of locals selling Galaxy Nexii is population 5 and dwindling. Good luck with whatever you decide to do