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Yes and no. Infact it is the reason I am staying with vzw vs att. But the crazy speeds we were seeing that was above what they quoted will drop to around their average speeds. But since vzw is continuing to increase the amount of lte towers they will be able to share the load and help even it out much better. Basically vzw is on a mission to go all lte and make 3g almost non-existent.
Pretty much depends on what tower you connect to. Unfortunately I live near where Apple is and I believe I may see a few spots where speeds will be a bit slower than before the iPhones release. Maybe I should take some data just to please my inner nerd and see if there will be any slowdown with the addition of the iPhone 5.