It's already out in Europe, but won't be in the US until January. Not really sure why they delayed the launch considering Motorola is a US company. $179 for the 8GB model in the Play store, 199 for the 16GB version. Specs look awesome for the price!
Main specs:
4.5" 720P IPS display
1.2 GHz quad-core Snapdragon 400
2070 mAh battery
5MP rear camra/1.3 MP front camera
Downsides:
No NFC
No SD card slot
HSPA+ only, no LTE (less of an issue for those on T-Mobile, since T-Mobile's HSPA+ is quite fast)
5MP camera
Relatively thick (but tapers on the sides so it might feel thinner)
Beats the Nexus 4 in Antutu:
It's receiving a lot of praise from the UK review sites:
http://reviews.cnet.co.uk/mobile-phones/motorola-moto-g-review-50012772/
http://www.expertreviews.co.uk/smartphones/1303792/motorola-moto-g
http://www.trustedreviews.com/motorola-moto-g_Mobile-Phone_review
http://www.techradar.com/us/reviews/phones/mobile-phones/moto-g-1199218/review
Main specs:
4.5" 720P IPS display
1.2 GHz quad-core Snapdragon 400
2070 mAh battery
5MP rear camra/1.3 MP front camera
Downsides:
No NFC
No SD card slot
HSPA+ only, no LTE (less of an issue for those on T-Mobile, since T-Mobile's HSPA+ is quite fast)
5MP camera
Relatively thick (but tapers on the sides so it might feel thinner)

Beats the Nexus 4 in Antutu:

In our continuous video playback test the Moto G lasted for an impressive nine hours and 12 minutes. That's almost two hours better than the high-end Nexus 5 (which we criticised on that point) and with few handsets scoring more than 10 hours in this test, it's a strong result.
It's receiving a lot of praise from the UK review sites:
http://reviews.cnet.co.uk/mobile-phones/motorola-moto-g-review-50012772/
http://www.expertreviews.co.uk/smartphones/1303792/motorola-moto-g
http://www.trustedreviews.com/motorola-moto-g_Mobile-Phone_review
http://www.techradar.com/us/reviews/phones/mobile-phones/moto-g-1199218/review
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