I am holding out for the Next GEN iPhone with Verizon. Do we still expect a late summer release?

No idea when it is coming out but I am waiting for the same

Apple has quite regularly announced new products during MacWorld in June and releasing the product within a couple weeks after. That's what I'm hoping will happen with the iPhone 5. Soon as it does, I'll be dumping AT&T and moving over to Verizon.