Agreed about the 'inevitable'. Fact is that this problem isn't overall. Even Consumer Reports has the line 'in areas of weak reception' which suggests that the iphone isn't the issue it's the quality of ATT service. The iphone perhaps doesn't help but even if it was 100% perfect, in those areas there would still be receptions issues.
IF this was a major issue, the genius bars would be packed with folks bringing in defective phones and getting new ones, the sales people would be returning phones like mad and all reservations would be cancelled. And if the traffic at my local store yesterday was any sign, that ain't happening. In fact I had a hell of a time getting someone to ring me up for my stuff cause they were all selling iphones and ipads.