I found the whole thing deeply unsatisfying for two reasons.

All their comparisons with dropped bars were against other brands of smartphones. I don't give a toss how well the phone works when I hold it compared to some other crappy phone. I care that it doesn't work as well as my 3G did in the same situation.

Secondly, stop focusing on bars already. We all know that the bars are completely unreliable at indicating actual performance. I don't care how many bars my phone is showing, I care that I am getting a reliable fast data download. It is the 90% drop in data speed that I see that troubles me not the lack of bars ffs.

It is just lucky that I don't make many calls and use it on wifi 90% of the time, otherwise it might have been going back in exchange for a 3GS.

I am pleased that they updated the bars in 4.0.1, at least I get some vaguely useful indication when it would be a good time to avoid the spot.
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Remind me to change my signature to something more interesting someday