My 2 years with the OG is coming up soon, question being; What to upgrade to? Not switching to a 4g plan and may not be able to afford a Nexus or Rezound. Droid Incredible 2? I got spoiled with all the roms to choose from....
The bad news is that you have no choice. All the new phones are 4G.
The good news is that 4G is free on Verizon. They dont charge extra for it like other carriers do. My bill on my Rezound is exactly the same as it was on my Droid 1.
Of the new phones, the only ones worth getting (IMO) are the Galaxy Nexus, Rezound, Razr Maxx, and LG Spectrum.
Galaxy Nexus - It is Vanilla Android, has a 720p display (AMOLED). It has no SD slot. It is the only phone with embedded NFC hardware. It is by far the easiest to root. It is 4.65", so it is big.
The things I like about it: It has a curved glass display which resists fingerprints which is cool. I do like AMOLED. NFC is something I'd want if I had a choice, though it isnt a deal killer. Vanilla Android is always desirable.
Things I dont like about it: No SD slot was a deal killer for me. I dont like that it lacks hardware buttons (all nav buttons are software-only). It has had lots of reception issues, though they are not universal.
HTC Rezound - It has a 720p display with the best pixel density of any phone (including the iPhone). It has both SD and a removable battery. It comes with an expensive set of earbuds for free (they retail for over $100 and people are buying them on eBay). It is 4.3". While it will never be as easy to root and mod as the nexus, it is the only other phone to allow unlocking....HTC will let you unlock your phone via their website.
The things I like about it: I love the display (that Pixel density rules). It has the best camera out of all these phones, and one of the best on any phone period right now. It has an SD slot and 64-gig SD cards have been confirmed to work with it (so you could have up to 80 gigs of storage). I personally love the earbuds and I do think they sound better than the cheaper ones I had before. I love that HTC allows me to unlock it if I want. The Rezound has very good 4G reception and GPS...IMo the best out of these phones.
Things I dont like about it: It is the thickest and heaviest of these phones, though it is thinner and lighter than your Droid 1. The buttons are too flush to the case IMO. It is polluted with Sense UI (though I just use GoLauncher anyway). No NFC.
LG Spectrum - This is best described as "Rezound lite" IMO....it's specs are comparable to the Rezound in almost every way. But it has less storage, a worse camera, and a better display. It is 4.5" (so the pixel density isnt quite as good as the Rezound, though it is still way above par).
The things I like about it: It has arguably the best display of any phone right now. While the Camera isnt as good as the Rezound, it is still above par IMO. It does have both SD and a removable battery. The display uses Gorilla Glass.
Things I dont like about it: It is LG. It is polluted with LG's hideous UI. It only has 4 gigs of internal storage. The phone does feel cheap and is kinda ugly. No NFC.
Moto Razr - This is the only non-720p phone. It's big draw is it's name, and it's thinness and durability. It has no removable battery, but the battery life on the Maxx variant is outstanding. I believe it is 4.5", though the case makes it seem larger.
The things I like about it: It is the thinnest and lightest of these phones and maybe of any smartphone right now. The display uses gorilla glass and the back is Kevlar...you pretty much shouldnt need a case for it. It has (probably) the most powerful CPU of the phones listed here, although not by a huge margin. 64-gig SD cards have been confirmed to work on this as well.
Things I dont like about it: Non removable battery. It is polluted with Motoblur UI. While the qHD screen is actually very nice, this is 2012, and 720p should be a requirement for any high end smartphone IMO. Moto are Nazis when it comes to rooting...expect them to throw many roadbloacks in your way. No NFC.
My recommendation: Rezound > Nexus > Spectrum > Razr Maxx
I would not get hung up on ICS...all of these phones will be getting it shortly.