Verizon iPhone Announcement Expected at 11AM Eastern

The day is upon us. Rumored and discussed for months and months, Verizon is widely expected to announce that Apple's iPhone will become available on its network soon, possibly even later this month.

If you follow tech news, you know that this story will consume everyone and that every minor detail and angle will be written. After the details are released, we're going to keep a tight focus on the two big consumer questions: 1) If you're a Verizon customer, should you buy the first-generation Verizon iPhone or wait? 2) If you're an AT&T customer and you think that network is failing you, should you switch?