If you start googling on best android phone in present market Samsung's latest phone "Galaxy naxus" is one you find in first place almost in all reviews.
This is due to its all new features and latest design. It is best in both hardware and software. Smooth and fast performance with its TI OMAP4460 processor. Computing speed of almost 1.2Ghz. Android os "Ice Cream Sandwich" comes up with lost of modifications in interface,browser, and other apps support.
Big display with 4.65 inch super AMOLED screen and 1280x720 resoultion, attracts you to explore all apps easily. Also you can enjoy videos upto 1080p resolution.
Missing support of DivX and Xvid but H.264 video plays fine. Camera feature is just similar with other phone, 5-megapixel support. Video capture feature is intresting with fine quality at 720p recording. Internet browsing speed is very fast with support of 4G/LTE. Storage capacity of phone is at your choice 16GB or 32GB, but not support expandable memory. In conclusion this phone satisfies you in every aspect and fulfill your dream of best mobile phone.