I'm sure the camping out thing can be as fun as you make it, but not for me. I got the V1 about 2 days after release. I swore up and down I wasn't getting the 3G, so it was about 2 months after release before I got that one.
My wife and I didn't wait in line for V1. We won't this time either. We'll probably wait and buy the new one about a week before they drop the price by $200....just like we did last time.
I'm still waiting to spend my gift certificate though
i camped out for both V1 and 3G it was worth it both times i was the 2nd Person in line on iDay 1.0 and 5th in line on iDay 2.0 but ended up being the first person to get one cause nobody in front of me had credit cards lol i waited 9 hours the first time around and 6 hours the second time around and i think it was worth it ive met alot of cool people i still see from time to time and had ALOT of laughs it was a cool experience to say the least i'll definitely being doing it this time around just to be one of the first to have it you know... im one of those impatient people who would die if i had to wait 7 days for my phone to come in the mail lol
I was 6th in line for V1 and waited probably 8 hours in line. For the 3G I was 2nd in line and waited about 3 hours. I'll do the same for the new one whenever it comes out. Waiting for the original was much more exciting because people were much more pumped.
Remember that big fiasco last year though, when people waited in line for many hours and then couldn't activate their new iPhone 3G? I wonder how that will play out this year?