I have an Iphone for work and it is nice. I do think that the other phone carriers are starting and have possibly passed the great features of the Iphone. My Iphone is great but I am sure it will be old news soon.
In the same boat. Contract up with AT&T and trying to decid whether to stay and get iphone or switch to Verizon and get droid. Never had a smart phone so either would be an upgrade for me.
Droid hands down. The only thing iPhone has on it at this moment is the # of total apps (not so much useful ones). This will become almost a non issue within the next year now that an Android phone is on Verizon. The 2.1 update will allow you to have 5 window screens instead of 3 to put shortcuts, widgets, and apps while again increasing the speed of the phone. It's the two thousand and 10's now, it is time to move on. The iPhone dominated the 00's, but Android will have the 10's.