Apparently a Verizon spokesperson (Brenda Raney) has confirmed that they're working on enabling GSM roaming in the Droid 4 and LG Spectrum, but this is still pending "network enhancements". Supposedly it's targeted to be made available within the first half of this year, presumably via software update.
LG Spectrum and Motorola DROID 4 have global roaming capabilities, will be enabled later this year | PhoneDog
If all Verizon 4G LTE phones from now on will have GSM roaming, this will really change the game in terms of removing a major annoyance of being with Verizon.

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