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Verizon iPhone 4S future

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Hey everyone,

I've had my 4S for almost two years, and my contract with Verizon is going to end soon. I want to leave Verizon, but after some research, I found out that the phone will not work in any other carrier (unlocked or not), and will only be unlocked for international use. Also, my upgrade date is coming up in a couple of days.

So here are my questions:

1. What should I do with my 4S? Maybe have it unlocked and sell it to someone in a different country?

2. If I upgrade to the iPhone 5, will Verizon unlock it? And if they do, will I be able to take that unlocked 5 to Straight Talk or another prepaid carrier?

3. Should I wait for the 5S?

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