AppleInsider has evidence showing that the iPhone has received FCC approval this means that Apple can legally sell the iPhone to consumers. The iPhone does seem to be on track and should begin to be sold in the later half of June.
This comes just a day after Engadget received a email saying that the iPhone would be pushed back. That email was not true however because Apple quickly mailed an email that said that the previous one was not correct.
The iPhone does look like a neat product but as it gets closer to launch I think more and more people are beginning to jump ship from the iPhone band wagon. Yea, it is a really cool device but unless there are some price cuts and some reason to believe that the big touch screen will not have an issue with scratches, I think less people will be willing to buy one than Apple wants to believe.