Well so much for strategy. I showed up early, was 2nd in line for an area AT&T store.
10 minutes before opening the manager comes out to address the group which was now numbering around 10 of us. He tells us they received NO iPhones, zip, zero, nada. WHAT A JOKE! He also mentioned they only received 20 for opening day and had had 100+ waiting in line at 8am.
I went to a second store, same story. Only had 20 yesterday, received none today.
Went to an Apple store. 82 people in line, still in stock.
I gave up and did the direct fulfillment from an AT&T store. I had signed up for a line of service through AT&T to try it out before the iPhone showed up. I may need to cancel it if it threatens my 30 day return possibility for the first line.