First I'm going to assume you're talking about the line-up of droid phones from Verizon and not all android phones in general. If this is true then I highly recommend you widen your view to include all android devices and not just the droid series from Verizon. Don't get me wrong, the droid line-up includes some awesome phones but you'd be missing out on some of the even more spectacular android devices; things like the Nexus 2, Optimus 2X, Atrix, Galaxy S2, and many many more.
Now in response to your statement about there being "50 million droids" its because android and the droid lineup itself includes a wide number of different manufacturers. HTC, Sony Ericsson, Motorolla, Samsung, LG, Acer, Dell, Asus, and more all manufacture their own android devices. The android operating system was created and is maintained by Google, they subsequently make the OS available to all these manufacturers to load onto their devices. Think of Android like the Windows OS, Microsoft makes Windows but its used by HP, Dell, Toshiba, Sony, Acer and many more laptops.
All of this gives Android one advantage over the iPhone: diversity. Theres many different models and looks to choose from, some with physical keyboards, some without, all of which however use the same basic operating system. Thats something you can't get from Apple, you like their design or theres no other choice.
In terms of build quality and looks from each of these manufacturers this is where Apple is ahead of the game. While no Android device has suffered a severe defect like the "death grip" on the iPhone 4. You also won't see anything substantially out of the box from current Android devices. They're mostly pretty standard fare, plastic or rubber materials, rectangular or roundish designs, and as I said previously some will have keyboards some won't. HTC has some aluminum unibody designs on their Android phones but in general you won't find anything as innovative as the glass design used on the iPhone4. Quality however isn't an issue among any of the manufacturers for HIGH END android devices. I haven't read of any massive recalls or complaints about any of the top of the line Android devices.
Now, in terms of differentiating factors between iOS and Android one difference you can expect is customization. Android has a large number of customization options that are not available on iOS. These are things like resizeable widgets, and folders. iOS does has a slight advantage in stability, it tends to be a bit smoother when transitioning between homepages. Also, since Google operates Android, the integration with Googles services is well ahead of what you get on iOS and other devices. Google Maps on Android is heads and shoulders above what you get in iOS, theres also better integration with gmail and google docs. Unfortunately its not as easy compared to Apple with MobileMe for locating your device and remotely wiping it, its possible but not as streamlined. In terms of apps, now adays you will pretty much get the exact same experience between an iPhone and an Android device. Android and iOS are the 2 dominant players in the mobile world so all the big apps from the large companies get released on both platforms. In general I have noticed iOS releases tend to get priority and get released first, but an Android release usually follows in the following weeks. Android does have a small advantage in terms of apps in that it allows you to download apps directly from websites rather than restricting you to the official store like iOS does. On a final note, I personally find the iOS notification system to be infuriating, the popups are terribly annoying, everytime I get a message it interrupts what I'm doing. Android has no such issue, all notifications are steamlined into a notification taskbar or ticker at the top of your screen. A notification will scroll by on the bar and you can choose to address it when you want.
Overall each OS has its pros and cons. I STRONGLY recommend interacting with a live device yourself in a store just to get a feel of what the experience is like.
Finally in terms of the "best" Android, well thats quite subjective. As I said previously, a large number of different manufacturers all produce Android devices, this creates a diversity in each Android phone. All the manufacturers place their own custom UI skin overtop of Android, HTC has Sense, Motorolla has Blur, Samsung has TouchWiz. This is all to add a unique element to the device in order to differentiate from other Android manufacturers. In general each of these skins gets the job done however none of them truely enhance the original Android experience. There are a couple phones that come free of skins like the Nexus 1 and 2, the G2 from TMobile, the ORIGINAL Droid, not the Droid 2 and most ppl tend to prefer the original Android experience rather than have a skin on top. Like I said, the skin gets the job done but its not really an improvement either.
In any case my nomination for the current "best" Android device is the Samsung Galaxy S2. It has an incredible display (even better than the retina display in the iPhone 4), a dual core processor, great camera, great build quality and is just a fantastic device.
This got a little longer than I wanted but as you can see, I'm pretty passionate about phones :P.
For the lazy, the TLDR version: try out the phones yourself, only you know what you really like. My personal nomination for best android phone is the Galaxy S2.
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