The iPhone is available for purchase on July 11th. I was strongly considering waiting on line that day. Today, I realized I accidently scheduled a meeting for that day.
I just heard rumors today that they go on sale at 8am, local time. This comes via Boy Genius, who has the rumor. But 8am make sense, being that you have to activate the phone in the store.
So, I’ll likely move the meeting to a different date.