Pros: Battery life on this phone is very efficient
Bluetooth compatibility is great as well.
Camera/videos are extremely clear
Big screen makes taking videos/pics very easy
64 MB microsd card is included with this phone (LOTS OF PICTURES/VIDEOS) (Adapter Included!!)
Cool Games (consume battery life after about 30 minutes with the games)
Digital Audio Player
Excellent Dolce & Gabbana Ringtones/Wallpapers
Came with a USB cable for data transfers.
Cons: May get scratched easily, I've had the phone for a little more than a year now and haven't dropped it yet so I wouldn't know.
May get stolen because this phone can catch anyone's eye
Voice Records can't be stored on the phone, only sent via message.
Camera still has the motorola setback (you click the wonderful picture and hit store, then you need to go four buttons down to actually store it)
Way too expensive: 350 dollars (but worth it)
Summary: On the whole, this is a very unique phone. The features may be similar to the regular RAZR, however the style/ringtones/clarity of use make this hot on the market. I would definitely recommend this phone
Its more comfortable to hold than normal RAZRs as well :-)