1:06 AM - One opportunistic young gentleman named Henry is selling his 7th place spot in line ... for a cool $150.

1:10 AM - People are dropping like flies. A couple just left when they found out they'd have to sign up for contracts.

1:35 - Surprisingly, there aren't many people who waited here for a phone last year. However, I did find Matt, who waited last year in Richmond, VA. He's in town on business but got so caught up when he walked by the line he decided to hop in. He conveniently broke his original iPhone last week in a "Brazilian party accident", and he's pretty excited to get a new one.

1:58 - I asked some people what apps they were most excited about, and I got the same answer over and over: Super Monkey Ball. Other than that, people are looking forward to Remote, AIM, Facebook, and Whrrl.

2:25 - PACKER! He's here, but not for the iPhone. He's planning on sleeping in the park tomorrow to get Bon Jovi tickets. He says he won't be the first in line, but he'll be close. Special thanks to my new best friend Henry for coming to tell me he's here.

4:15 - News crews are starting to show up, so you know it's getting serious. I've seen trucks from CW, ABC, Good Day New York, along with reporters from the Wall Street Journal and DVICE.

4:20 - Update: Packer is asleep like a little baby.

4:45 - Sleepiness is setting in for me too, but I have a whole slew of energy drinks to get me through the final push. So far I've had an açai banana-mango concoction that was awful going down but had a delicious aftertaste, and a Venom Mojave Rattler that smelled like Robotussin and tasted like battery acid. I still haven't tried Stamina-RX, whose can promises "Extreme Sexual Experience".

5:30 - The line has stretched all the way down 59th St. to Madison Ave.
5:40 - The sun is starting to rise over NYC, people are getting excited.

6:20 - Everyone is getting interviewed about the iPhone 3G by radio stations, TV stations, and newspapers. What's left to say? We want our phones!
6:45 - People are getting antsy, they keep moving around to stay awake and excited. This last hour and change is going to be a challenge.

6:50 - The line is moving, people are walking in! Will updated ASAP.

6:55 - Phew! Almost lost my spot in line, but here it is, the final few feet until they open the doors and let all of us here loose on the Cube and the prize we've had our eyes on for hours.

7:50 - Frucci's all the way down the block and he told me that the line is firmly wrapped around Madison Ave. again.
7:55 - A bunch of people in orange iPhone 3G shirts just stepped outside, and the crowd started cheering.

8:00 - One of those hippies who's been waiting a week to (allegedly) buy a phone got in trouble for something and now it looks like he can't come in.
8:05 - The doors are open and people are going in! I'll be back with more after I buy mine to let you know how it goes.

8:07 - Just got down here and there are at least 100 Apple employees cheering everyone on. It's nuts!

8:15 - Buying my phone, I'm thisclose to tearing the box open right now.
8:27 - Mission accomplished!
8:28 - The SIM ejector tool is a lot fancier than I expected.

The area is a swarm of news vans, camera crews, reporters, and the curious passerby with camera in hand. Greg and his fellow campers were grilled by persons famous and mundane–from the random lady recording an interview on her phone, to the likes of Mo Rocca, who arrived just in time for the wind and some light rain. By all reports, the line has been a polite one. Campers are free to get up and stretch, grab a bite to eat, or stop at a nearby public restroom. No one complained when a spot was empty for 20 minutes or more, and there wasn't any scramble for the vacant spot.

It's amazing how many people walking by didn't know about the iPhone. With media buzz about the device right now, you'd think it inescapable. Still, we had nearly a dozen folks come up to us and ask. Very few saw the point in camping out for it, let alone in the rain.

The weather hasn't been too bad, but the rain tonight is the second time nature's tried to dissuade the campers from their impending purchase. While we were out there, it really only drizzled, though some heavier rain and maybe thunder might be headed their way. Still, the line grows by the hour. At the end of it was Pablo, around 40th in line, who came straight from work to begin camping. He brought a book the size of a dictionary to help pass the time.

Update: Wilson went by the line later this evening and counted nearly 70 campers. Looks like the rain picked up a little, too.

We'll be there tomorrow to check up on our brave early iPhone adopters. May they see the floor of the Cube in good health.

Product Page [GetSilly via Coolest Gadgets]

Your task: put Greg Packer in ridiculous situations, as ridiculous as possible. Honestly, I'm not going to be all that specific on this one, as I want to see where you guys go with this one. But do it fast! I want to have a gallery of the best submissions up before 6pm tomorrow, when the iPhone goes on sale. So get crackin', and send your finest work to me at adam@gizmodo.com by noon tomorrow. As usual, humor is the number one priority, with craftsmanship a close second. Entries that have both are what will make the winners gallery. Dismissed!

What in the hell? Waiting in line overnight sucks, but this guy has made it his personal mission to be the first to do whatever crap there is that people are willing to wait for. Will he even get an iPhone? Does he care about the iPhone at all? Does he know what an iPhone is? It seems like he just likes the attention and seeing his name quoted in papers who don't realize that he isn't a genuine fan of whatever event is being covered. The dude has his own Wikipedia entry for crissakes, and it's huge.

And Greg, buddy, come on. If you're going to gun for attention, at least make yourself look respectable. You slept on the street with no shirt on last night. No shirt. We've seen some grainy photographic evidence, but we're looking for some nice, stomach-turning, high-res shots. Who's got 'em? My email address is on the left. Let's make this happen.

Thanks to everyone who sent this in!