Steve Jobs will stand up and say that the iPhone4 is their best selling phone. Returns are almost non-existent (as is the antenna problem), but that Apple wants to make their customers happy, and that the restocking fee has been dropped. I suspect he'll also call on the press to be a bit more responsible in their reporting of events.
I also fully expect him to walk around with an iPhone4 in the 'death grip' while getting perfectly good reception.
After the press conference, I then predict the blog author to talk about the great Apple Coverup and Denial and how they are screwing their customers, but how the fanboys will continue to drink the kool-aid anyway. He will then sign off, utterly convinced of his moral superiority and objectivity by engaging in a witchhunt.
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