Nexus 5 Price

Google announced its latest phone, the new Nexus 5, developed in conjunction with LG. The 4.95-inch smartphone, which is available today for $349 (16GB) or $399 (32GB) unlocked, also ships with the just-launched Android 4.4 KitKat .

The Nexus 5 is certainly bigger than the 4 . . . but is it better?

The Google Play online store's Nexus 5 page went live this morning, and the 16GB option sold out within minutes. What makes the latest Nexus so covetable? A few reasons:

• Bigger display — The nearly 5-inch screen is an IPS LCD display that boasts 1920 x 1080 resolution with 445 pixels per inch. These are better specs that what we saw in the Nexus 4's 4.7-inch display.
• LTE — Better late than never, we suppose. The Nexus phone finally supports LTE in the newest version. The Nexus 4 did not support the super fast cellular connection, which was one of its biggest criticisms.
• Faster — Processing speeds are now 2.3 GHz, up from 1.5 GHz in the previous version.
• Improved battery life — The Nexus 5's 2300mAh battery provides 17 hours of talk time, up from 10 hours.
• Better camera — An HDR+ mode is the latest addition to the Nexus 5's camera, which snaps a series of photos and selects the best shot. Optical image stabilization is another new feature.
• Android 4.4 KitKat — There's tons of new features in KitKat, like caller ID that crawls business numbers listed on Google Maps, a built-in pedometer, new screen-maximizing immersive mode, and more.

What do you think of this hardware refresh, Fandroids? Is this just in time for the holidays, or will you politely pass on the new Nexus?