Should I return the Iphone or wait?

I know there may a software update soon to fix problems with Iphone but I just bought the phone and I do have the option to return it. I am sure if something is wrong with the hardware and can be fixed during assembly process, they will opt for that in future with new phones, do you think?
So do I keep it and wait for software update, or return and wait for the possiblity they may release a better version of phone with improved hardware?
I do have problems even with full 3g or Edge Signal in Long Island, NY with my Iphone 3g 8gig: Pop Email Inbox always saying 'connecting' and never getting the email. It never recovers, and the only way to fix is to power off/on. Maps/AIM app sometimes give errors saying I need to have network for app to work etc.
I love the Iphone, and want to keep it, but this is annoying since I have to turn off/on phone all day long. I have a week to return phone, I look forward to your suggestions. Thanks.

Hi doobias123,
I've recently bought the new iPhone in the UK and I have very unreliable 3G reception & low signal strength in places like central London were I expect a good signal.
<Edited by Moderator>
Anyway... I plan to wait, since I've only just got it I can afford to wait.
On a separate issue, did you have to make several attempts to get a GPS lock on your correct location? (Its another discussed problem)
Regards
LG

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Message was edited by: Ili S

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