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Will the Incredible have a sim card slot?

You can only get it from Google. I returned mine. If you use Tmobile you can at least use it in the prepaid or a voice only plan. Tmobile is a lot more flexible. Unless you travel to Europe often enough to have a SIM already from Europe I'd stick with CDMA for the states or Canada. There's the EVO on sprint as well. The big problem is insurance. If you drop the Nexus you're screwed. You will have to pay 530 for the phone and 114 for insurance through squaretrade. But they only cover one time. You will also find out the hard way that when you really need the internet for something there will be no wifi around. If you text alot the the sprint everything plan is really cheap if you live in a Sprint area.and stick to cities.
 
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The Desire has basically the same hardware. You will also have to pay full price for the phone and be in a two year contract with the no discount to get any decent data plan out of AT&T.

If you pay full retail price, I see no reason for you to go into a 2 year contract. You can just do month to month. :D No subsidies to pay off.

And go for it. It has the best dev community yet. Sense UI ROM, Cyanogen, Motoblur (if you want it).
 
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