All devices released since 2011, that are capable, will be upgraded to Jelly Bean. The Razr M, Razr HD and Razr Maxx HD will be upgraded by the end of the year. Phones like the Razr and Razr Maxx were included in the "very soon" category. Since the Razr and Razr Maxx are already running ICS they will have no problem running Jelly Bean.
From what I understand Moto already has a working version of Jelly Bean that has a few minor adjustments needed. The new phones will obviously get it first, but we would be considered "next in line" for the upgrade. If not by end of the year, then probably right at the beginning. Of course, that all depends on Verizon too. I imagine a leak will be out around Christmas time.