The third entry in Motorola's flagship Droid line of phones is now available to order for $199.99 on a two-year contract from Verizon.com.

The phone is pretty spec'd out, an improved 4-inch qHD screen, 1GHz dual core processor, 512MB of RAM, Android 2.3 Gingerbread, 16 GB of internal memory and an 8 megapixel camera. Like previous Droids, it's also rocking a slide-out ful QWERTY keyboard. One thing it does not have, unfortunately, is 4G support.

The Droid 3 is expected to hit brick-and-mortar stores by July 14.

[CNET]