I've had my Incredible for around 17 months and have had a very good experience with it. After I rooted and flashed CM7 w/ increikernel on it, it feels like a brand new phone. It even ran ICS pretty well. It has very little lag and I think it can almost keep up with the new duelcore phones. Even now, when I look at it, I am still amazed at how good the AMOLED screen looks.
Sadly, I am just tinkering with it until I am eligible for an upgrade.The GB update was a huge fiasco, and I am not a big fan of Sense. I will probably never buy a non-Nexus device again. Also, I think I have out grown the smaller screen size. Things are a lot easier to read on my girlfriends Incredible 2 and it's only a 4" screen. The Galaxy Nexus feels amazing in my hand, and its just a damn cool looking phone that runs amazing.
I am think of using it as an mp3 player after I upgrade. My Zune is on its last legs; I don't like the iPod and HATE iTunes.