I thing Moto makes good devices, but from what I hear about this phone, it's nothing special. No physical keyboard, and pretty standard specs. There's some confusion right now on whether its running a 720MHz ARM Cortex A8, or a 1GHz Snapdragon processor... but either way, its not going to be too much different than the HTC Incredible.
I'm not impressed. Competition's good though, and this phone should put pressure on HTC to release something better than the Incredible on Verizon, or at least update to 2.2 as fast as possible... since, I assume the Moto Shadow will steal some of their sales.
- Rumor has the Samsung Galaxy S (which may have a "Pro" version with a QWERTY) releasing soon to the GSM carriers, but with a bit of a delay for the CDMA version. Which means that if the Shadow wants to get its foot in the party door, it better do so in June!