I don't think they're sitting on it. They probably don't want to lose any Froyo thunder. I'm sure it's still working its way through Verizon's tight QA. Unlike Sprint which will release whatever the OEM gives them.
This is a very good point! Verizon's A** is quite tight with this stuff! Waiting sucks and bugs will still show up, but I would prefer a less buggy release if it means another month to wait.
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