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I have the same question in a different context...I guess. So my vzw 4S has been unlocked by vzw, and I have used it outside the US w/o problem, on other carriers than vzw. So, the phone is clearly compatible with using any GSM service as long as it isn't domestic. So we wouldn't technically need an unlock, only a way to get around that no domestic carrier BS. That may be what one of the posters was asking. If it wasn't, it's what I'm asking. This has never been a question when talking about a unlock, because there has never been a world phone iPhone on Verizon. So this likely isn't something that has been thought about a whole lot.
The better question would be, if we have a unlocked Verizon iPhone, once jailbreak is available, how the hell do we get it on domestic carrier? It shares the same BB as all other 4S' so why can't this be possible?