The first question the folks at the Verizon event were asked was of course: Why no LTE? The answer - change in design. Tim's* answer is that the first gen LTE chips forced some design compromises that Apple refused to make. [This is similar to Sony Ericsson not wanting to put HSPA+ in the ARC due to design changes.] They note that this project was more about timing and waiting for LTE integration in the iPhone would have delayed it. Our Verizon rep here says that this is the right time for Verizon customers. They note that this is non-exclusive CDMA - and note - the iPhone doesn't appear to say Verizon in the status bar.