Just like the Motorola RAZR, they're going to keep the DROID RAZR in the limelight as long as humanly possible. And to aid with that, Verizon will have a pink version of the device available January 23rd. It has the same specs as the original DROID RAZR, except they felt like excluding MicroSD card storage for 16GB of internal storage.
I haven't quite decided whether the phone looks purple or pink yet, but for some reason I keep leaning towards pink. The color isn't quite as defined as Motorola's iconic V3M model, but close nevertheless. It will still be made of the same kevlar material as the other original, black and white models out now too.
But the big question is, will they offer color options for the upcoming RAZR Maxx? If so then I'd suggest waiting - the 3300mAh battery in the Maxx is quite the upgrade. However, it will likely cost $299 whereas the pink RAZR will only be $199. It will ship with the same Android 2.3 (Gingerbread) OS that the others did, but be just as eligible for Ice Cream Sandwich in the near future.