Not quite, DRM is an music industry issue, the format they choose to go with was dual purpose, their own proprietary security to help lock people to iTunes and to satisfy the music industry wanting DRM.
What I think is interesting is how Apple gets away with the "monopoly" they create in their software to interact with their equipment. This really is not that different then IE being the only web browser and Microsoft being sued.
I have an Incredible. I love how fast it is in terms of performance, surfing, etc. I never understood the fascination with being able to talk and surf at the same time, it's probably the most overhyped feature, but you can thank AT&T for that. There are a ton of apps and although just app count to app count, Apple still wins, after a certain point, it becomes pointless as there are just so many apps on the market that satisfy pretty much every niche, you don't need another.
The built in GPS is great, customization is decent (I wish there were more ways to control sound/vibrate like on the BlackBerry) and battery life is average to slightly below average. The best way to avoid major battery drain is to avoid running a lot of background apps (ie. home page can be a moving background and that eats processing power and battery power). The touchscreen keyboard is decent, although I HATE how close the period is to the space bar (or the space bar should be longer) as I hit it all the time, a common complaint for users.
Overall, I think the Incredible is a great entry level Android powered phone.