If you don't like the large size of the Droid X, you might want to check out the HTC Incredible. It's noticeably smaller, lighter, and faster than the Moto Droid. It's due to get an OTA update in the next couple weeks that will enable 720p video recording, 802.11n wireless, and the ability to use the phone as a wifi hotspot.
It's also due to get froyo before long. I highly recommend it.
Sent from my HTC Incredible.