I know that the new Iphone 4G is awesome. It allows for video calling and has two microphones in order to drown out background noises.
It also has a LED camera and records video in HD. The Iphones are so popular that AT&T is offering them for a really cheap price because Verizon now has the ability to sell them and AT&T no longer have exclusive rights to sell the Iphone.
Since the reception is better with Verizon, I could see why a lot of people would switch over. I know that a lot of people waited in line for days in order to be the first to have one.
I think it is better to wait a little because when these products first come out on the market they also come with kinks that need to be sorted out.