The software update version CALAND_X_01.15.08P should make things a lot better for anyone using Verizon's new Android phone.
Have a look at Phandroid's list of the changes coming with the update:
Improved response time when menu, home and back keys are pressed.
Adjustments to improve the accuracy of signal strength indicators on the display.
Stability improvements made to browser, contacts and VCAST Music apps.
Improved incoming call performance.
Volume keys now work when you’re in the mobile IM app.
Fix for picture orientation on upload.
Fix to make it easier to delete POP3 e-mail accounts.
Changed display on the e-mail account setup.
Change to Exchange calendar agenda view to show meeting titles
Verizon.net e-mail accounts now auto-configure.
Improvements to ringer, voice dialing and multimedia audio when using a headset.
Update Google apps.
Image from AndroidCentral