Yes, this particular seller is over-priced, since this same exact phone can be purchased directly from Google Play store for $349 plus about $12 for 2-day shipping and your state''s local sales tax.Even though the play store says ships in 1 to 2 weeks, the last 2 16GB Nexus 4 I ordered shipped within 12 hours of ordering.  The Nexus 4 8GB I ordered which said ships in 3 to 4 weeks, shipped in 6 days.  (Nexus 4 8GB now says 1 to 2 weeks, not 3 to 4, so I suspect shipping would be far less.  Apparently Google would rather deliver far faster than the "expected" date, rather than risk disappointing a customer by shipping later than they would expect.Even though it was 2 day shipping, all 3 Nexus 4 phones I''ve ordered so far have arrived the next day after shipping, but that''s more because of my location (North Carolina) and UPS doing a good job.For me, the only phones I''d consider purchasing are the Nexus series for a few reasons.1. Timely updates. You will always have the latest version of Android (unless you are on a CDMA network like Verizon which can take MONTHS to issue updates to their phones, even Nexus models.)2. Pure Android experience. No over-lays or extra fluff installed on the phone taking up CPU, Battery, Memory or storage space.3. Ability to root the device easily in case you want to experiment with an alternative ROM. (Rooting may, in some cases, void your phone''s warranty, but unless you completely destroy the phone into a non-functioning door stop by dropping it in water or running over it, you can always un-root the phone before requesting warranty service.Yes, I''m a little worried that this phone is manufactured by LG, but I''m hoping that it was produced to stringent Google specs and will be as reliable as my original OG Droid and my Galaxy Nexus.Advantages over Galaxy Nexus (Verizion)This phone is FAST, even running stock android vs a custom ROM on my Galaxy Nexus, this phone is very speedy. I hadn''t really noticed the Galaxy Nexus feeling slow, but it does now after using the Nexus 4 for a few days."Feels" more solidGoogle Wallet is fully supported.Batter life is well over double what the battery life of the Galaxy Nexus is on 4G LTE.Brings us to the disadvantages:Batter is NOT user replaceable.Personally, I think the Galaxy Nexus with it''s AMOLED display has a slight advantage in contrast and color saturation.Over-all, I''m very happy with the Nexus 4 and can highly recommend it.