Even though the Nexus 4 looks to be a pretty awesome phone there are always forces working against it to become even better than factory standard, but the idea of a Nexus 4 Root will appeal to those who wish to unleash even more from this handset thanks to a custom ROM.

Thankfully this has now become possible because XDA developer mskip has made the Toolkit become available today. Just so you know this is version 1.1.0 and will even allow you to flash a custom recovery, for those that do not know, this is important if you have a custom ROM to Flash and also need to perform Nandroid backups.

From what is being reported the official ClockworkMod recovery not only flashes but also boots perfectly, so you should not have any fears about flashing your Nexus 4 now — well if you managed to get hold of one before they become hard to get hold of following stock issues for certain retailers and also Google Play.

In other LG Nexus 4 related news we can tell you that the latest Android device will come with 50GB of free space, but you’ll need to install the Box.net app first in order to get this free cloud storage. If you don’t think you’ll need to use all of the 50GB of storage, you’ll be pleased to know that Box.net will allow you to share your cloud storage with your friends. We have to warn you that this offer only runs until December 31, 2012, so a little over 6 weeks left to get this great free offer.

On another note, we just like to remind you that some of you may not be aware that the Nexus 4 from LG has something a little extra hiding within its hardware, and that’s an LTE chip, although it’s not turned on at the moment so remains dormant. This great bit of news certainly cements the fact that the LG Nexus 4 is truly darling handset.