1. Every phone with an internal antenna will experience signal loss when held.
Not to the extent that the iPhone 4 does. The amount of signal degreation is greater than just about every phone out there.
2. Every phone is legally required to put their antenna on the bottom of the phone because of laws concerning radiation. Therefore, cupping the bottom of any phone IS NOT the right way to hold it, regardless of how natural it feels.
The antenna on the iPhone 4 is around the phone (the stainless steel band). You are making no sense. And the correct way to hold the phone is the way I want to hold it.
3. Does the iPhone 4 experience MORE signal loss than other phones when held in this manner? According to Anandtech, definitely more than the 3GS and Nexus One. But since there is no set standard on how much signal loss is acceptable and no laws regarding this, it is NOT an issue legally and therefore, Apple is not legally required to fix it (they can if they want to).
Just because the there is no set standard for cell phone reception that doesn't mean that Apple can't be held liable for deliberatly shipping a phone with a defect that makes the phone unusable under "normal" and expected circumstances. Oh, and thanks for admitting that the iPhone 4 has a reception problem.
4. The phone DOES NOT drop calls regardless of how you hold it if you have a strong enough signal.
This is true, but the problem is that you can't gt a strong signal due to th reception/antenna problem.
5. Does this make the iPhone 4 a poor phone for making calls? If you prefer to hold the phone this way, then yes. However, it is not defective, only poor and companies are legally allowed to release poor products. If you are dissatisfied, please return the phone and get another one.
It's a design defect that impedes it's expected function, a phone. Now don't tell me that if a car company made a car designed in such a way that the car repeatedly stalls that the company would not be liable. And the "just return it" comment is just plain stupid. If I buy a product and it doesn't work the I have the right to voice what I feel and demand that the issue be fixed. No other company has fanboys that will defend it even when it is surely wrong, if Microsoft did something like this people would be going insane, and MS would actually try to fix the problem. Not just BS it's customers. It's weird that this "software problem" degrades my data speed and call reliability. If I have 5 bars and 2 Mbps down and touch the gap, I get 0.5 Mbps. Yep, it's just a problem with how the bars are displayed and touching the gap changes the hardware.
6. But my store has a restocking fee! Then it is your mistake for buying it on launch day. Most people wouldn't think about buying anything else (phones, computers, TVs, cars, etc.) wouldn't first reading a few reviews but for Apple products, they get sucked in by the mania. That's nobody's fault but your own.
I think you should be able to return defective products for a full refund. If it was not working as advertised/expected when I got it why should I have to pay a restocking fee?