Google has dropped the price of the Nexus 4 by $100.
"The powerful and affordable smartphone from Google — now at an even lower price. Was $349, get it now for just $249!" (8GB model)
"The powerful and affordable smartphone from Google — now at an even lower price. Was $399, get it now for just $299!" (16GB model)
Yet to see this posted here, please correct me if I'm wrong.
If you're waiting for new iPhone, save yourself $500 and get this phone instead. Having said that, I still think my Galaxy Nexus is far superior to this phone. The difference in screen on the Galaxy Nexus to the Nexus 4 is crazy. Nexus 4 is grey and fades if not looked at straight angles, whereas my GN can be looked at from any angle.