Consumer reports has posted up their thoughts on iPhone 4 and all the reception issues some users are experiencing. They start off by corroborating Apple's line that all phones, from smart to flip, suffer the same attenuation problems -- since they're all used by humans whose bodies are interfering bags of water.

They also say iPhone 4 is reported as having better overall reception and less dropped calls than previous versions of iPhone, including the 3GS. They refer back to AnandTech's tests, and conclude:

There's no reason, at least yet, to forgo buying an iPhone 4 over its reception concerns. And even if those do materialize, Apple's Steve Jobs helpfully reminds new iPhone buyers that "you can return your undamaged iPhone to any Apple Retail Store or the online Apple Store within 30 days of purchase for a full refund."

Apple is claiming the issue is related to a software miscalculation that erroneously reports high bars in low bar situations. Given all phones can definitely be susceptible to signal drop due to the position and placement of the antennae, we'll have to wait and see whether or not Apple's update fixes the issue or just the perception. What do you guys think?

[Consumer Reports]