Can someone explain to us why it's referred to as teardrop shaped if in fact it is wedge shaped?
Yes, it's a wedge with rounded corners, but I don't recall seeing any mockups that show it to curve along its length.
I hope everyone realizes that there is nothing 'revolutionary' or 'innovative' about this teardrop design. Most Motorola phones (Droid X, X2 for example) have had a 'teardrop' design going on over a year now.
If Apple can sue Samsung over the Galaxy Tab over design issues, Moto and Google must be salivating that this rumor is true so litigation can begin.