I've got a family member moving from AT&T to our Verizon plan, so I was going to give her my Droid and get a new phone. Whether I get one or not she's coming to Verizon and she's getting a Droid, so I figure I might as well use this opportunity to to a mini-upgrade until 4G is up.
My Dad is eligible and wouldn't know a smartphone if it hit him in the face, so I will probably upgrade now and keep his upgrade in reserve for 4G.
Then I'll be eligible this time next year, so I'm set.
You can get a new phone IF you're willing to plunk down another $200 for it, that is if you are eligible for a "free" upgrade. Funny how they are no longer really free unless you buy a rotary dial phone.