Sorry, you misunderstand...
http://www.youtube.com/watch?v=F6oflC4qo8M&feature=related
He had full bars and it went down to nothing.
Looks like believing Uncle Steve's horsecrap disappointed you once again.
Ah, technical ignorance is bliss. And that is clearly shown when one refers to 'bars' and begins accusing one of being a fanboy. But you did hit the nail on the head as to why some say they have no problem and others clearly see the real hardware flaw.
So lets talk science. A phone registers a radio signal strength from roughly -113dBm to -40dBm (decibels referenced to 1 milliwatt of power). dBm is a LOG scale so the signal registered by a phone covers a range of 10^7.3 or 20,000,000:1, i.e. 20 million to 1. The bar display with iOS4.0 in June 2010 only displays 200:1 of the lower end of reception, when the 5th bar is first displayed. Big difference.
The 'bars' shown in that YouTube video (Jun 2010) shows 4 bars. Basically the bar system displays how poor your signal is...not how good it is.
So if your iOS 4.0 phone showed 5 bars, you did not know if it was just 200 times stronger than 'no signal' or 20 million times stronger. To cover the full range of 20 Million, one would need a display with 7 to 22 bars.
So Consumers missed the same point, as did the YouTube video. The YouTube video starts with 4 bars, which could be only 10x above 'no signal', and it will go down 22 db (200 times) with his hand over the gap. Consumers started with 2 bars.
The above explains why some users, in strong signal areas saw no problem...and others, even with 5 bars, could see the antenna flaw.
Later Apple came out with iOS 4.0.1 to remap the bars so that 5 bars only shows up when you are 10,000 stronger than 'no signal'. But once again, displaying 5 bars doesn't truly tell you how strong of a signal area you are in. This was meant to help the uneducated consumer...but they would have been smarter to allow the consumer to read in dBm...which they finally did in a later iOS update.
Being in a windowed office on the MIT campus in Cambridge/Boston, and you can easily have -50 dBm (kind of like having 12 bars on a linear scale), so too for most European cities and there is no antennagate. In the rural USA, you might get -95dBm or 3 bars...not a great signal...and you will have antennagate.
But the most interesting point is this: When one is truly in a strong signal area, say 5 bars and 'above', that is -70 to -40 dBm, you will see no loss of bars or data speeds from antennagate, AND you will not see the dBm drop by 22db either. I will not take the time to explain why, but there it is.
With the latest iOS, one can display bars or in dBm. It is a very worthwhile display.
So that is why so much fuss was generated by this very real flaw...many did not understand why some saw it with 5 bars and others did not. If they displayed in dB, they would have understood better. No fanboyism, no disappointment, just engineering science.
The engineering flaw from apple was that this tiny 1 mm spot was easily touched by the user.