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Just a quick update in case it can be helpful to others...
My colleagues and I have had good success in switching our LTE phones to only use Verizon's 3G network. We have had them configured this way for a few weeks and have seen much better network stability (albeit much slower), longer battery life, and less occurrences of our phones attempting to burn a hole in our pockets while attempting to retain a connection to the overloaded Verizon LTE towers.
So while Verizon can claim an obnoxious "FIRST!" on a LTE rollout posting, their 3G network remains their most robust and reliable network for Silicon Valley.
