"This is really ridculous with the money people had to dish out for these phones and 2 year contracts. All this hype for something not to work for at least 2 days +. They have to compensate people for this because this is one of the worst launchs I have ever seen."
You clearly have no concept of the cellular industry. If you think this is bad, try working at a Cingular store. This has been a great launch with minimal problems. Sim cards are cheaply made. In this case, I agree its a bad sim card and would take no time to fix. But with this many phones coming online at once, customer service is not where it should be.
Truth is that some have problems, but once it works it no longer matters since this really is one heck of a phone!