I was about to go out and buy a Huawei g300 for £100, but even though I struggle to justify an expensive phone (the risk of damage is too high), the 8GB N4 is now very tempting.
Ok, it's more than twice as much, but it brings top end hardware down to a price which is much, much easier to justify. And it might even replace my Nexus7 as my main Android device, so I guess in theory I could sell that, add the £100 I was about to spend, and still come out ahead.
Interesting times. It's going to be a cut-throat Xmas in the tech wars.