Hop on over to Engadget for full coverage of the Verizon iPhone 4.
The big news in my mind is support for iPhone 4 as a mobile hot spot. Me wants!!!! I have a Verizon Mifi, but it is very expensive to use.
My guess is AT&T will have to respond with feature parity on this one, or they are gonna lose a lot of customers (including me). If AT&T does come out with the feature, then why have they been waiting? To force the purchase of 3G iPads possibly? Hmm.