Firstly Wow is this forum server slow!
I am also coming from a OV, so I would expect the Elite to do everything plus some. I'm not hating on this phone but just trying to let you know all of the caveats I have found thus far.
1) Can't do Hotspot! That is a deal breaker for me!
2) No camera button, making it harder to steady the camera.
3) Can't move installed apps like Angry Birds onto the sd card.
4) It's wider than the V, making it harder to hold.
5) Once the screen blacks out you have to press the pwr button instead of any button like on the V.
6) USB/charging port feels very chincy. That is what broke on my OV forcing me to "upgrade" to the Elite.
7) The entire phone does not feel as solid/rugged as the V.
8) Ongoing debate as to if we will be grandfathered in to our $25 plan still, we'll have to wait and see what happens on that.
9) Speaker phone does not seem as loud.
10) No custom firmware for it. It's likely just to new.