If they are saying this month, it is the Motorola Devour.
Advantages: MotoBlur, Optical mouse on face (rather than d-pad on slide out keyboard).
Disadvantages: Smaller screen than Droid (although quite good quality), weird keyboard layout, Android 1.6 (although will probably get a 2.1 upgrade when Moto updates MotoBlur), horrible battery life, and in the small group of ~40 people that I belong to that get to test devices for Verizon Marketing, we have had 3 or 4 out of box failures where the devices could not hold a signal well enough to activate on the network (which may be why it has not been released yet, I thought the release was supposed to be last week).
Alan