What’s the most patriotic holiday of the year? If you’re American, you’re going to say July 4 or Thanksgiving since both let us partake in the American tradition of eating way too much. While a product launch wouldn’t work on the actual Independence Day on account of nothing being open, the day after is a great way to celebrate.

It seems that HTC and Verizon agree and are releasing the DROID Incredible 4G LTE on July 5. The date comes from screenshots Droid-Life obtained that seems to confirm the launch. It’s fitting to launch the phone on July 5, the day after our forefathers declared independence from the tyranny of King George III and his reported use of technologically-backwards feature phones.

All joking at the expense of King George III aside, how much will the phone cost you? Under a two-year contract, you can get the HTC DROID Incredible for $199. Unfortunately, the phone will be propagating its own form of tyranny with the Verizon Share Everything data plan. It seems that Verizon even delayed the phone so that it could entice shoppers into chaining themselves and their families to the draconian data plan.

So what will $199 and a two-year contract with Verizon get you? The DROID Incredible features a 4-inch screen at 540×960. It’s powered by a dual-core Snapdragon S4 processor with 1GB of RAM. It features 8GB of internal storage that can be upgraded with the usual MicroSD slot. It will ship with Ice Cream Sandwich and probably be upgraded to Jelly Bean at some point in the near future.

If HTC can get off to a good launch, it might be able to take away some market share from Samsung’s superior Galaxy S III. The S III has not had the best of launches and some customers may be frustrated enough to go with the competition. All I know is that Verizon customers can’t go wrong with a phone that loves freedom enough to give it some space.