LG Nexus 4
Google's flagship phone is missing one huge feature that caught us all off guard. The Nexus, which is supposed to represent Android in its most modern, so-high-tech-that-it's-on-the-bleeding-edge form, isn't 4G LTE-enabled. Instead, it operates on "4G-ish" technology (GSM/HSPA+), and comes unlocked from Google (starting on November 13, the 8GB and 16GB versions will be $299 and $349, respectively) or on T-Mobile (after signing a carrier agreement, the 16GB model will be $199 and will begin selling the day after).
If your carrier is T-Mobile you won't care much, since the network runs on HSPA+ anyway. But for those who had been planning on buying the unlocked model and using it on, say, AT&T's 4G LTE network, the news is truly a downer. Truth is, while HSPA+ can be as fast as LTE, for the average consumer LTE is expected on high-end phones. Jelly Bean and the pure Android experience will be important for OS enthusiasts, but this phone should have had both.
And yes, I know the Galaxy Nexus didn't have LTE, either, when the technology was available. I was disappointed then, too, even though the network wasn't as robust. But now that LTE is so widespread, the Nexus 4 shouldn't get a pass. A handset this high-caliber should have LTE capability, especially these days, when so much time has passed since LTE's launch and even midrange devices come with it.