you dont have to buy from verizon on an anual upgrade..
just go to a website like amazon wireless and put your number in to double check, they will tell you if your eligible for an upgrade price instantly.
with that being said.. I'd say you'd beable to find it for under 200 from an online retailer with your upgrade before feb.. possibly a week after launch.. but as far as from verizon direct.. good luck seeing a 100 dollar price drop in the first 6 months.
The last time I did an annual upgrade I was told by wirefly and costco that they didn't honor annual upgrades. I've also read on verizon wireless forums that only verizon corporate stores are authorized to give the annual price.
To make things even more difficult my annual upgrade date is Nov 19. If I pass on getting it from Verizon on the 17th to see if wirefly or Amazon offer annual discounts 2 days later (when my discount should show in the system) the phone could be sold out by then and I could be stuck waiting months regardless of price drop. Thinking I may wait and see regardless, but I have a high level of doubt that anyone other than Verizon corporate will honor an annual upgrade, unless I'm lucky to get a confused manager that discounts me.
I see 3 choices available to me and I have no clue which is right.
1) Buy from Verizon at contract price on Nov17 (sure they'll let me annual upgrade 2 days early)
2) Wait 2 days to see if Amazon / wirefly will upgrade me (risk sell out and long wait)
3) Plan to wait until Feb and hope that the price drops significantly by then.
BTW, I work with several people who are not techies that stayed up to watch the Google/Samsung webcast of the unveiling of the phone. Anyone counting on only gadget geeks lining up for this phone will be very disappointed if they don't arrive early to get theirs.