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After weeks of sweaty palms and a whole of lot of buzz, Verizon Wireless today officially took the wraps off the Droid, a smartphone built by Motorola and powered by Google's Android 2.0 operating system. In a call with reporters, John Stratton, Verizon's chief marketing officer, said the price of the Droid will come in at $199, with a two-year contract and a mail-in rebate. The Droid phones will hit shelves on Nov. 6.

As we reported yesterday, speculation is rife that Verizon is planning on rolling out three Droid phones by the end of the year. One of the Droids would reportedly be manufactured by HTC, while the second, code-named Calgary, would pair the Android operating system with BLUR capability. In the press conference, Stratton appeared to confirm those rumors. "The partnership between Verizon and Google will be a multiyear partnership 鈥� under the Droid franchise," he , according to PC Magazine.

Verizon is positioning the first Droid as an iPhone killer 鈥� a handset that could surpass Apple's best-selling smartphone. In recent weeks, the company has saturated airwaves with a commercial that targets iPhone's flaws. 鈥渋Don鈥檛 have a real keyboard. iDon鈥檛 run simultaneous apps. iDon鈥檛 take night shots. iDon鈥檛 allow open development,鈥� reads anti-Apple copy posted the Droid website. 鈥渋Don鈥檛 customize. iDon鈥檛 run widgets. iDon鈥檛 have interchangeable batteries. Everything iDon鈥檛, Droid does.鈥�

The Droid, seen in the photo at right, comes equipped with a 3.7-inch touch screen, which slides open to reveal a full QWERTY keyboard. Among the other big draws is video recording, which Motorola says is "DVD-quality," a 5-megapixel camera, and Wi-Fi capability. 鈥淭he Droid, even in its non-final form, is the most impressive phone we鈥檝e used since the iPhone,鈥� the tech blogger Boy Genius . 鈥淚t鈥檚 positively amazing.鈥�

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