Why I chose DROID RAZR

[cereal killer]

Seem no harm no foul, since the display area that can be used is the same size or ever so slightly smaller than the Razr, due to the nav bar on the Nexus display. When the Razr gets ICS, the nav bar will not be present, since ICS will use the capacitive buttons instead. Apparently the only time the buttons go away is when watching video, so typing etc, means some space is taken by the nav bar.

Added:

Another thing to consider is IF you are a gamer and like emulators. Unless a method is made to only make the nav bar present when wanted, a virtual keyboard will likely be problematic with a small display.

Actually you make an excellent point. I forgot about the navigation bar taking up screen real estate.