I had been seriously considering jumping off the iPhone bandwagon for a Droid X (I love that phone) when my contract is up, but during the hubub I found out something disturbing about Verizon - you can't use any data apps while you're talking on the phone.
No maps, no translators, no restaurant apps, no email checking, no internet - when the phone rings, you get disconnected till you hang up, period. And this applies to all Verizon smart phones, including the iPhone.
So no Droid and no Verizon iPhone in my near future. Perhaps in a few years, when their 4g LTE network is deployed, this bug in the network will no longer apply, and I'll go back to Verizon and get an Android phone of some kind or another iPhone. But for now, I'll be sticking with my iPhone 3Gs on AT&T.