re: #1 Vicious Babushka
OK but,
Why do people camp out for days, stand in a line that is blocks long, for a product that will be available everywhere?
What is so special about this product release frenzy, especially since you already know there is a countdown until the next product release frenzy?
By restricting preorders, Apple led more people to line up to buy iPhone 5s than the last two models. Rumors about supply shortages fed the demand beast and interest in being one of the lucky few — another incentive to line up outside stores.
Not to mention all of the white/goldtone 5s buyers who immediately put their new phones up for sale on Ebay at 100%+ markups.