If you’ve still got an original 2009 Droid in your pocket ‘cause you love its form factor and haven’t had a real reason to upgrade, now’s the time; or, well… it’ll be time in a week or so.  Verizon Wireless just took the wraps off the Motorola Droid 3, the second successor to the one that started it all.

The Droid 3 has a dual-core 1GHz TI ARM Cortex-A9 CPU, 16GB of onboard storage plus a microSDHC card slot for up to 32GB of additional storage, 1GB of RAM, a slide-out QWERTY keyboard, a 4-inch 960×540 touchscreen with 227ppi, 3G EV-DO, Wi-Fi, Bluetooth, and GPS.  The Droid 3 also runs Android 2.3, aka Gingerbread.

When it goes on sale July 14th (or shortly thereafter) the Droid 3 will sell for $199 with a two-year contract.  But if you’re a new customer, you’ll need to select a new limited data plan as Big Red is no longer offering unlimited data.  New plans start at $30/month for 2GB of data (which used to get you all-you-could-eat wireless data on a smartphone); non-smartphone users also have the option of $10/month for 75MB under Verizon’s new data plan structure.