Ah, but therein lies the rub. Why is "less negative" inherently "more fair"? The two are very different things. You have your assessment of how negative the data is, I have mine. None of us is entitled to state objectively whether the way Jobs represented the data is as "negative" as the data itself. This is a pointlessly subjective discussion.
It's not so much as what is less negative as being more fair; it's the, even though subjective, negative attention that would be drawn from stating one of the three statements compared to the ACTUAL negativity that it represented. IOW, I think it's safe to say (and you appear to agree) that the most negative way to restate what Jobs has said is by saying what your thread title is. The most positive way to restate was Jobs said is to simply restate what he said.
Then comes in the actual negativity represented. This is very subjective, as we aren't "all consumers", but one, and we can only truly express our own opinions. However, with that said, I would fair to say that the general community of iPhone 4 and potential iPhone 4 consumers do not mind if it, the iP4, drops UP TO one additional call as compared to the 3GS. That last part is important, "compared to the 3GS". The only segment of the market that can make a TRUE assessment of what Jobs said are those who have experienced, know of the experience, or care about the experience of dropped calls compared to the 3GS. I am part of the last two criteria, and can confidently say that potential for one more additional dropped call doesn't bother me. And I think it's safe to say that the majority of rest of the segment that can make the true assessment would agree with me (there will always be some who care A LOT about that potential, but they represent a very small percentage of the "true assessors"). Therefore, the dropped call rates between the iP4 and 3GS, despite the iP4 having more, isn't a positive quality, but nor is it
very negative.
Put those two ideals together, you have the most fair representation of negativity in appearance (as determined by you and more or less everyone else in this thread) and actual negativity the would be interpreted by the consumer (as determined by generalities that can safely be applied).
If you disagree with the actual negativity method of determination, only then can you really disagree with me at all. I'd be interested in seeing just why you disagree with it though.
EDIT: Remember, let me know why you would disagree AS A CONSUMER, not as an engineer.