Aside from some FCC filings, the Motorola XT907 has been a unknown quantity as we get closer to Moto's September 5th Verizon event. Now the details are in the open, and it's looking like the device will be called the RAZR M 4G LTE (yeah, that's a mouthful). This phone will be a small but welcome bump up from the current generation RAZR devices, but it's no RAZR HD.
On the hardware side, the new RAZR phone will be running on a dual-core Qualcomm Snapdragon S4 MSM8960. That is a chip we see in a lot of devices these days, but it works very well with Qualcomm LTE radios. There will also be 1GB of RAM, an 8MP rear camera, and a 3MP front image sensor. There will only be 8GB of internal storage, but an SD card slot will be on-board. An NFC chip also reportedly makes its first appearance in a Motorola device. The screen is a 4.3-inch qHD (that's 960x540, not HD) Super AMOLED Advanced display. That's very similar to the screen on current RAZR phones. I suspect this is being positioned as a mid-range device.
The RAZR M 4G LTE will run Android 4.0, not Jelly Bean. That's kind of a bummer, but at least it has Moto's new Android skin, which I find much less offensive than the old version. There are on-screen buttons at the bottom, just like the Atrix HD on AT&T. The RAZR HD is still expected to be announced at the upcoming event, but this device might be coming in at a competitive price point.