When VentureBeat’s Devindra Hardawar reviewed the Nexus 4, he found the phone to be an attractive but ultimately crippled powerhouse of a device. Turns out he was in the minority, as Google Play is already sold out of the LG phone.

Both the 8GB and 16GB variants of the Nexus 4 are listed as “coming soon”, even though they were set to go on sale earlier today in both the U.S. and UK. (Perhaps unsurprisingly, the Nexus 10 is still in stock.)

While that’s probably a good sign for the Nexus 4’s early sales, it’s also shows that Google misjudged just how many people would be interested in the device.

And can we blame them? More than anything, the Nexus 4 represents an escape from the shackles of the two-year service contract. Even better, at $299, the device is pretty inexpensive considering its feature set and capabilities.

Update: In a post on Google+, Google confirmed the news that its Nexus 4 inventory has been sapped dry:

There’s been so much interest for the Nexus lineup that we’ve sold out of some of our initial stock in a few countries! We are working hard to add more Nexus devices to Google Play in the coming weeks to keep up with the high demand.

Photo: Devindra Hardawar/VentureBeat