Consumer Reports says it can not recommend the Verizon iPhone 4 either. This is what they had to say about the iPhone.
We are not including the Verizon iPhone 4 in our list of recommended smart phones, despite its high ranking in our Ratings. Although Apple no longer offers a free case to buyers of the iPhone 4, as it did for a time after the problem was first discovered on the AT&T version, the company has said in the past that it will consider requests for a free case from customers who buy the phone and subsequently experience reception problems.
Consumer Reports added fuel to the already burning Antennagate fire when the iPhone 4 first came out. Now it seems it wants to continue the same road even though it’s selling like hot cakes. Seems to be someone wants to sell some magazines.