Motorola Droid Bionic (Verizon Wireless)

Pros: Insane data speeds when in LTE coverage
Very thin and light
HDMI out
Dual Core processor + full gigabyte of RAM = consistently smooth, responsive UI
Some Moto apps included improvements (Finally, SELECT ALL in email app!!! Imagine getting and deleting 20

Cons: Battery life is "iffy"; some Bionics go through a wireless network "shuffle" of 4G->3G->None->repeat that will destroy the battery quickly. Sometimes it simply loses the data connectivity after being plugged into a charger for a while; sometimes

Summary: I strongly recommend anyone considering this phone get one in their hands. The screen can, depending on the person involved, be a deal-breaker. Assume you won't be using the camera much, certainly not indoors.
I'm very happy with my Bionic, although I probably would have gone with the upcoming Samsung Nexus on Verizon if it had been available.
re: something pulling data; I've had an original Droid for over two years, and averaged 600mb or so a month. The only time I came close to 2GB data in a month was when I left Pandora running overnight for a week. On the Bionic I'm hitting 2GB data each of the first two months. Not a huge worry as I'm still unlimited data, but bothersome nonetheless.
Typical amount of Verizon bloatware (monthly-fee VZNavigator? Srsly?)
Something not often discussed; the internal storage is split into two partitions, one for "applications" and one for "media storage". Since it also has a microSD card slot, that doesn't make a huge amount of sense to me. Uses the "media area" instead of the actual mSD card as optional "out of main memory" app installation area. Reportedly a bug fix is coming in November to address issues w/ apps installed to media storage erroring as "not installed on phone".
Power/Lock switch is in an odd location for me (top left). I keep trying to find it in the top right.
Finally, while I haven't tried it personally, Moto/Verizon have also apparently said that the fact that NitroDesk's Touchdown app (very nice Outlook/Exchange client) doesn't work on the Bionic is "as intended". In other words, they're doing something non-standard with the whole account and/or email subsystems that breaks a really good email/calendar/task app that I depend on for my Android tablet.

So yeah, I gave it 4/5 stars (excellent) even though my Cons is twice as many characters as the Pros. Only major cons though for me are the data disconnect, battery (I have a charger @ work so it's not even an actual major con in practice) and the camera. Everything else is workable, and the data speed, UI/app smoothness, and comfortable size and weight (I have large hands) more than make up for the cons for me.