Yes...thats what I currently have sitting on my desk in front of me...a $650 paperweight.

I decided after the phone didn't sell on eBay to go ahead and keep it (after some persuasion by my fiance). I hooked it up and began the activation process yesterday at roughly 5pm EST and instead of taking "up to 3 minutes" I was prompted by iTunes that my actvation would take longer and I would be receiving an email when it was complete.

Well...we're at +21 hours and no email. I called AT&T and was advised that it will take 24-48 hours.

After poking around on Apple's forums I realized that this is apparently a wide reaching issue. Fortunately I was not porting my number since I'm an existing AT&T customer. I was able to move the SIM from the iPhone into my Treo and it works fine. There are many poor souls who are porting numbers from another carrier and have no phone during this debacle.

^ to AT&T and Apple for being ready to efficiently handle their "big launch". [/sarcasm]

Craig