I'm going to hold judgement until I hear some specs but I understand where you are going with this.
The only way I think they could pull it off is if 1) The specs are incredible, and 2) Verizon dumps money by the truckload into marketing and gives it wall to wall commercials until launch day.
Since it will be bumping up against the iPhone, I don't know if they'll be able to pull number two off. (Their hands may very well be tied by Apple). Number one is a little easier, but they're going to have to have some headline features that will set it apart from others.