I’ll believe this when I see it: there are reports that the death grip phenomenon is actually the result of a software error. I’d heard this going around yesterday, but the more specific issue seems to be that the device goes to no signal mode when it should just be switching frequencies. And holding the phone in the “wrong” position aggravates this tendency.
However, I’ve also heard that there may be a coating missing from some of the first batch that would have prevented shorting the antenna array. And I’ve also heard, from Steve Jobs, that this is a non issue and that we’re just holding it wrong — even though that’s the way he holds it.
So. Let’s hope for the best, but prepare for the worst. Apparently a bit of tape works nicely.