1. The Droid Incredible is not capable of running off AC. For one, AC is disabled during a bootup, so the battery would have to be inserted and have some degree of charge just to get through this. Secondly, removing the battery when powered on will cause the Incredible to turn off. NOTE: I have now had the opportunity to test this on 3 Incredibles (Two AMOLED, one SLCD). If you wish to dispute this, I'm open to two methods. One method is to ship me the phone that you believe runs off AC (I will pay shipping both ways). Alternatively, you can record a video. What I want to see is the phone plugged in, back cover off and battery exposed, phone turned on. Then, with the phone plugged in, remove the battery. If the phone stays powered on and functional, you've just proven me wrong. At that point, we'll need to talk, as I'll want to test this to see what hardware/software differences are causing this, and if it can be replicated to remove the need for a bump charge (bump charge is caused by the current kernel, but a custom kernel could be modified to work with this kind of phone for better battery life).
Furthermore, it is currently inconclusive if the lack of AC functionality is a hardware or software limitation. It could be hardware limited (where the battery completes the circuit), or it could be software (security measure, like the original Sony PSP which would not work without a battery inserted, unless running a hacked ROM which removed that security). If software limited, we can write a custom kernel or app to remove this issue, and thus eliminated the need for bump charge. If hardware limited, we're screwed.