That press conference was classic Apple. A small tactical retreat, but clouds of spin, and implicit blame on the customers, AT&T ... anybody but themselves. That is the problem with PR hype -- eventually you start to believe it yourself. The new Iphone 4 was described repeatedly by Jobs at the launch as "magic," and apparently that's what they were counting on.
And why can't Jobs find something else in his wardrobe besides a black turtleneck and jeans?
Come to think of it, why isn't anyone else at Apple capable of speaking for the company?
I'm satisfied enough with my old Iphone, but the blame-the-customer 'tude of Apple, combined with its cult-like fans, is enough to make me want to switch when it's time for a new phone.