I've had Verizon for nearly 7 years.
Their coverage is actually quite good in my area (includes some fairly rural expanses).
Their phones are locked-down to the point of being virtually useless to a power-user type of customer. Since I use a phone to call people, nothing more - nothing less, the lock-down doesn't affect me a great deal.
The LG chocolate? I currently have one. I've not been happy with it. It has decent reception and fair battery life. The issue is that the call quality is hideous. Dialog is muted, whilst background noise is amplified. I can sit in my VW (which is a very quiet car inside) while idling, and whomever is on the other end of the line will ask if there's a hurricane currently blowing past.
The few fancy features the phone boasts are rendered virtually useless due to Verizon's lockdown. The features are available, but you have to buy "media expansion" accessory packs, or "computer connectivity" packs. Cha-ching!
To sum up, Verizon isn't that great. However, considering the available options in the USA (I've had rough experiences with several carriers), I'd have to say "Verizon sucks slightly less".
Personally, I may actually succumb to my inner fanboi and hop over to AT&T when the 3rd-party apps start officially rolling out for the iPhone.
