Went and played with a RAZR for quite a while today in the store. I must say I REALLY like the build and fit! Hard to say for certain with the damn tether of course, but still pretty slick.
Camera has some nifty features that I didn't know about until I played with them. Thought a list might help:
You can select the size of the file storage (6 MP vs 8 MP, full screen or wide screen view).
Geo Tagging
720p video
Some cool photo editing stuff (Solarize, tinting etc)
Auto panorama stitching
Single shot or burst shot mode (cool!)
Timer
Scene selection mode (portrait, landscape, night, sunset, macro, sports)
I did NOT really check out the use of the flash. Store was pretty brightly lit.
Didn't really try out the video capture.
My Incredible has been great, but I think I'd like to move up to a 4.3" screen. I've been leaning towards the ReZound but the RAZR is pretty darn sharp. Can I live with a 1.2GHz processor vs 1.5GHz? Can I live without HTC Sense? Hmmm...we shall see...