Smartphone Shopping Help

My wife and I are in the market for a smartphone. For a variety of reasons we need one that won't cost us each one of our kidneys and will work with Verizon. I'd post on Gizmodo, but I'm not approved there.

What's important? The ability to browse the internet, use twitter, watch something on netflix from time to time, talk to someone, text someone, and not die every 4 hours. Apps are a perk, but not a big deal same with games.

I would say anything $200 and under is fair game. I'm hoping to get a black friday deal or two.

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Edit: My wife isn't eligible for upgrade and under contract so the contract pricing isn't available.