Now that we think we’ve unraveled everything there was to know about Motorola’s upcoming Droid Razr HD, we would have expected a bit of peace and quiet from Google’s subsidiary. Not a chance though, because yet another Moto phone has been spotted getting FCC certification.

The XT907 is not exactly an absolute newcomer in the virtual space and has starred in a supposedly leaked photo about a month back. Ever since then, we heard nothing about the phone and some of us were ready to bet that the pic was nothing more than a fake.

Well, maybe it was and maybe it wasn’t, but it’s now certain that Motorola has an XT907 device in the works. Also certain is that the phone will be hitting Verizon at some point with 4G LTE speeds under the hood, as well as NFC capabilities, Bluetooth and CDMA/EVDO radios.

As usual, FCC’s listing stops short of revealing any juicy specs of the future phone, so we still don’t know exactly what to expect from this mysterious XT907. If earlier rumors are to be believed though, this Verizon-bound gadget will be a combination of the first-generation Razr and the recently released AT&T Atrix HD.

The XT907 is rumored to sport a rather quirky 888 x 540 pixels resolution capacitive touchscreen (probably a 4.3-incher) and feature a dual-core Snapdragon S4 processor (most likely one clocked at 1.2 GHz).

Pictured with Kevlar backing in July, Moto’s phone should also come with Android 4.0 ICS out of the box and an 8 MP rear-facing camera. All those specs would have probably made the XT907 a nice high-end phone a year ago, but unfortunately right now they will make it more a mid-range oriented gadget.

Hopefully, that will mean budget-friendly pricing too, although it’s way too early to talk numbers. It’s also not the ideal time to make any assumptions about when the mid-ranger will be made available. We’re guessing it will get out by the end of September, probably before the Razr HD’s grand unveiling.

So, how about it, folks? Would you be tempted to go for a more affordable and lower spec'd version of the Droid Razr HD? Or are Motorola and Verizon again going down the wrong road by not putting all their eggs in one basket?