Is the Droid going to kill off the iPhone?

Amid the Android frenzy -- at least among mobile industry insiders and early adopters -- some sources say yes.

With Verizon's two Android-powered handsets on sale today, the industry is abuzz with predictions of how the mobile open source platform will play out over the long haul, especially against the record-breaking iPhone.

The Motorola Droid goes on sale today on the nation's largest wireless network, along with the smaller, less expensive Droid Eris by HTC, following the kick-off of the Motorola Cliq on T-Mobile and HTC Hero on Sprint.

Though Apple (NASDAQ: AAPL) ranks third worldwide in smartphone sales volume, after market leader Nokia and No. 2 Research In Motion, there's no denying the wild popularity of the iPhone, given that it was launched only two years ago and there are only a handful of models available, compared to the proliferate versions of BlackBerry and Nokia devices.

As Android comes of age after a bumpy start, one industry insider is saying the new OS has the potential to unseat Apple's iPhone as the preeminent smartphone.

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