Update: Looks like things are getting stitched up on VZW's end, as a spokesperson told Android Central that "4G LTE service is returning to normal." Here's the full quote:

Verizon Wireless 4G LTE service is returning to normal this morning after company engineers worked to resolve an issue with the 4G network during the early morning hours today.   Throughout this time, 4G LTE customers were able to make voice calls and send and receive text messages. The 3G data network operated normally.

It's worth noting that 4G still hasn't been restored for me, but I'll make sure to drop an update when it is.

Update x2: Aaannnddd it's back for me.

Remember the little data hiccup that Big Red faced a couple of weeks ago? Looks like many users across the U.S. are once again experiencing similar issues - I myself woke up to a spotty 3G connection on my usually 4G-strong Galaxy Nexus.

This outage isn't affecting all users, though; we're hearing reports that some users are unable to connect to any data network whatsoever (no 4G, 3G, or even 1x), while others are able to connect to 3G on their 4G device, and some users are totally unaffected. My wife's Droid X has been seemingly unaffected all morning thus far, as it has maintained a solid 3G connection non-stop. My Galaxy Nexus, on the other hand, has been rather unreliable in the 3G realm, and completely lacking any 4G connection at all since early this morning.

Verizon has confirmed that it is aware of the issue, but has yet to state any sort of ETA as to when the issue may be fixed. Let's just hope it's soon.