To be fair, I think most of the hype with the Nexus is that it has ICS. In every pro/con comparison list that I've seen, the main thing that the Nexus has over the Rezound or whatever phone it's being compared to is that it has ICS, which I don't really see as a compelling reason in and of itself to buy a Nexus over something else, as long as the something else is going to get ICS soon.
I would love to fast forward a few months to when the Rezound has an official ICS build and see how many people would still say "GN no question". If I'm signing a contract for 2 years it doesn't matter to me personally if I have to wait a couple months to get ICS if the phone *will* have ICS for the majority of the 2 years, and it has other advantages over the Nexus. It's amusing to me how many people say "GN no question" but their only reason is that it has ICS (if "you" personally have given other reasons then I am obviously not talking about "you" specifically ).
Now, I'm still sporting a flip-phone, so understand where I am coming from. I'm not quite ready to buy yet, and am really torn over the decision between a Rezound and a Nexus. I just like to hear people give their opinions on the pros and cons.
The physically larger size (I keep my phone in my pants pocket), the higher relative price (it's $100 more expensive which is not insignificant), and the lesser-quality camera (I know this can be subjective) are the main factors making this decision hard for me. Although, I think if I were to see a price drop that brought the Nexus close to $100 for add-a-line then I'd probably just get one and quit worrying about it. I'm also a little worried that the next version of LTE hardware is going to make these phones look like junk, too...