I dunno, that leaked Droiddoes page did have every spec about the Inc4G correct. Perhaps it really was set at $299 originally but because of market research, consumer reaction, whatever Verizon did, they decided to drop it to $250?
If that was true they would have dropped it to 199$. Most people said they would be willing to pay 199$ tops for this phone. Also there's solid evidence it was left over from the Razr Maxx page, as clicking the "Buy Now" link took you to the Razr Maxx page.
Let's do a few phone comparisons. Keep in mind, most people have NO idea what an S3 and S4 processor is, so to them they just see "1.5ghz dual core processor" and "1.2ghz dual core processor".
Samsung Galaxy Nexus
Price: 199$1.2ghz OMAP dual-core processor
4.65" inch SAMOLED HD screen
32gb internal storage w/ no microSD card slot
1GB RAM
ICS out of the box
Weight: 144g
Dimensions: 135.5 x 67.94 x 9.47 mm
1850mAh battery
5MP primary camera, 1.3MP FFC
NFC
Bluetooth 3.0
Removable back
HTC Rezound
Price: 199$
1.5ghz Snapdragon S3 dual-core processor
4.3" inch SLCD HD display
1GB RAM
Gingerbread out of the box
Weight: 170g
Dimensions: 129 x 65.5 x 13.65 mm
16GB internal storage w/ 16GB microSD card included
8MP primary camera, 2MP FFC
microSD card slot
1620mAh battery
Bluetooth 3.0
Removable back
Droid Razr
Price: 99$
1.2ghz OMAP 4430 dual-core processor
4.3" inch SAMOLED qHD display
1GB RAM
Gingerbread out of the box
Weight: 127g
Dimensions:130.7 x 68.9 x 7.1 mm
16gb internal storage w/no microSD card included
1780mAh battery
8MP primary camera, 2MP FFC
Bluetooth 4.0
microSD card slot
LG Spectrum
Price: 199$
1.5ghz Snapdragon S3 dual-core processor
4.5" LCD HD display
Gingerbread out of the box
1GB RAM
Weight: 141.5g
Dimensions: 135.4 x 68.8 x 10.4 mm
4GB internal storage w/ 16GB microSD card included
8MP primary camera, 1.3MP FFC
1830mAh battery
microSD card slot
Bluetooth 3.0
Removable back
LG Lucid
Price: 79$
1.2ghz Snapdragon S3 dual-core processor
4" inch LCD WVGA screen
1GB RAM
Gingerbread out of the box
Weight: 142g
Dimensions: 119.1 x 62.2 x 11.4 mm
8gb internal storage w/ no microSD card included
5MP primary camera, VGA FFC
1700mAh battery
Bluetooth 4.0
microSD card slot
HTC Droid Incredible 4G
Price: 249$
1.2ghz Snapdragon S4 dual-core processor
4" inch SLCD(2?) qHD screen
1GB RAM
ICS out of the box
Weight: 132g
Dimensions: 121.9 x 60.9 x 11.6 mm
8gb internal storage w/ no microSD card included
8MP primary camera (possibly with ImageSense chip), VGA FFC
1700mAh battery
NFC
Bluetooth 4.0
Removable Back
microSD Slot
The Incredible 4G is almost on par to the Lucid spec wise, besides processor and camera. And to the general user they just see "1.2ghz dual core processor" so it won't make a difference to them. The camera, better screen, and the S4 processor would make it worth 149$ at most. 199$ for Verizon because they like to overprice their handsets.