Advertisements Preface: I own a TiVo HD and an iPhone 8GB. I waited in line 8 hours on June 29th to get an iPhone. You have to remember Apple is a media darling. Steve Jobs could fart and you'll hear about how great it is from the fanboys. You think the media wants to report on TiVo? TiVo is taking money out of their coffers by skipping ads. Regarding the price, Apple did what it had to do. If Apple priced it at $400 on release day, demand would have outstripped supply, and we'd be in the same place we were with the xbox 360 launch - phones ebaying for $$$$$ and supply channel problems. By bumping up the price to $600 we still had speculators but not nearly as many as one would have expected. And now those speculators who didn't sell their phones (and were hoping for a christmas rush to ebay them for a profit) are now $200 in the hole per phone. The lines were long but most apple stores just about sold out (AT&T stores sold out quickly but they had small allocations). Supply was on and off for the first week or so but after that it was smooth. In addition, there would have been no way people would buy a $600 iPhone vs a $300 iPod touch.