As we all know, the Droid Incredible 4G LTE was announced today by HTC and Verizon and it has been stated that it is possible that Verizon might give it a $299 price tag, which in my opinion is outright ridiculous, especially when you have phones like the Galaxy Nexus, HTC One X, EVO 4G LTE, etc with a price tag of $199 or lower.
I would understand, if Verizon or another carrier was to provide the One X, Galaxy S III, EVO 4G LTE or another flagship with a $299 price tag because they are the top of the line when it came to smartphones and you would be getting the best phone on the carrier with wonderful specs and all the other good stuff that comes with it but something like the Droid Incredible 4G LTE is nowhere near worthy of such a price tag. I known that the price of the Incredible 4G LTE has not been announced yet but the fact that rumors have it being $299 is, to me, unsettling in itself.
My question is therefore, what would you expect or want in a phone that costs $299 on a 2 year agreement? What justifies a phone carrying a $299 price tag?