This has been an interesting thread. What it shows to me is the basic fact that no single design of anything will please everybody. Whatever we get, it is a set of compromises, and we take what we like and put up with the rest. Kind of like friends I suppose.
I think in terms of raw power and ability, the Droid is about right. I sort of cussed when I heard about the Nexus, but I am satisfied enough with the Droid I am waiting for Droid 2. Competition will drive improvement, and while there are a few things about the Droid that I would change, it overall is great. It has a solid substantial feel and elegant appearance the Nexus lacks. The Nexus just looks like any other HTC product (and that is not a bad thing).
What I REALLY like about the Droid is the Gorilla Glass screen, and the display behind the screen. AMOLED has an outdoors dim reputation, and I use the device outside quite a bit, as I work outside. Most screens are too dim for me, and in truth I wish the Droid would go even brighter.
Another thing I will wait for is a 4" or a bit more screen, neither Droid or Nexus has that. So the next Droid likely will have a Snapdragon, or how far away are we from a dual core Smart phone? So, I'm waiting for the next Android OS update and plan to learn the phone so I have a better idea of what I really need to ultimately replace it. I readily admit the Snapdragon cpu would have sold me a Nexus, if Verizon supported it for $179, but it didn't, I was sick of WinMo, and am happy with the Droid.
I've gone from the Moto Q> Treo 700w> Verizon 6900> Droid Eris> Droid. I am thankful to be rid of WinMo.