One thing I've always told my friends when they mock me for lining up is that you will never be in a happier and more excited crowd than a bunch of Apple fans on iPhone launch day. The vibe is my favorite part.
i waited for the 5s and it was one of the least enjoyable moments of my life. i was constantly yelling at ticket sellers that pretended they couldn't speak english when trying to cut back into line with their friends/family for more tickets.
No. I wouldn't wait in line all night/overnight if they were handing them out for free. I've never understood how waiting in line for consumer products is fun. Same goes for Black Friday.