I switched from Directv to try U-Verse and am going back to Directv after 2 weeks of U-Verse.  In my opinion the biggest cons of U-Verse compared to satellite other than those briefly listed above are:

What is worth mentioning again is you get only ONE DVR per household.  Any other boxes in the house can't pause, rewind or fast forward live TV.  This is the single biggest drawback.

When programing the favorites guide, you can't enter a specific channel.  You must page down through all the channels.  Very unhandy as the HD channels start with number 1000.

Your customized favorites guide can't...