Personally, I would recommend it over the Nexus 4, just based on battery life. I also like the form factor, the AMOLED screen and the fact that Motorola uses some of the best radios in the business. Plus the phone is durable as hell. It is hard to beat that Nexus 4 price though, I agree. If you can spare the money, I wholeheartedly recommend the RAZR i.
Sent from my Motorola RAZR i