I've waited patiently through 4.0.1 and 4.0.2, looking for a fix that will make my phone work again. I've read the forums that advise me to jailbreak my phone or use some other method so I can downgrade back to a version of iPhone 3, however I'm not prepared to use a method that is not supported by Apple.
Software update coming soon.It's likely that Jobs is referring to the iOS 4.1 firmware which is currently being tested by developers. This firmware is also thought to bring a fix for the iPhone 4 proximity issues.
Sent from my iPhone