Our protocol for freezing cell lines is to supplement a single-cell suspension with 10% DMSO and slow-freeze overnight at -80oC in a commercial container (e.g. Mr Frosty). The advice is to transfer them to vapour phase liquid nitrogen ASAP. For logistical simplicity, some people continue to store their favourite lines in the freezer, accepting "some loss of viability" over time. I admit to having forgotten to transfer on a few occasions :-(
Does anyone have a more concrete data than "some loss" for the deterioration of frozen cells in the freezer compared to liquid nitrogen?