Based on early estimates, Apple has sold more than half a million iPhones up to the first weekend, the demand has been probably expected for the so called "God machine", however there are quite a few things iPhone can't do yet and there is the opportunity for all the geeks out there to get the iPhone to do what is not possible.
There have already been some blog reports of iPhone firmware hitting the internet so we are probably not too far away from seeing iPhone hacks popping up. Based on reports from Engadget, it looks like the iPhone's system restore image has already shown up online; it might be a while before anyone can de-construct this thing into meaningful though so far everything looks well encrypted so far.
Just like we had people lining up for the iPhone as early as last Monday, it is safe to say that there will be someone out there trying hard to crack or hack in to iPhone's code to proclaim as the first to come out with an iPhone hack.
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