Called AT&T. The csr says yes this is AT&T new policy and it's part of the new 3G dAta throttling plan.
I'm gonna return this phone. It is so sad to see AT&T cripple the iPhone 4. I mean 3GS was not capable of being fast but this is just outright lame of AT&T. I hope this company gets the karma it deserves.
WOW. This sucks. Makes me want to go to verizon or sprint on pure principle. Who knows, it could be just as bad over there.