The long awaited iPhone 3G has finally arrived and goes on sale today beginning at 7:00am (9AM ET). Despite some rather terrible iPhone plans from Canada’s only GSM carrier, large crowds are expected at Rogers’ and Fido retail locations. We’re still a few hours away from finding out if the rumors of Apple reducing Canadian iPhone inventory has any truth to it, but I don’t think that will stop any iPhone fanboys from lining up bright and early for their new toy.

Rogers’ and Fido have done some damage control by announcing a $30 for 6GB of data plan (which, in their defense is pretty much unlimited for normal users). The plan is available for both new customers as well as existing customers that are willing to upgrade to the new iPhone and lock in to a 3 year contract. Owners of other smart phones are waiting eagerly to see if the wireless carriers will allow the new promotional data plan to be added to existing plans without purchase of the iPhone.

So, are you heading out there early to pick up the new iPhone 3G?

Update: Looks like if you want an iPhone, you’re better off going to a Fido store. Chinook Center Fido store has only 2 people in line whereas the Rogers store has a lineup of about 10-15 people as of 9:20am also, Wireless Wave at Eaton Center only has 5 people in line and in the same mall, the Rogers store has about 25 people.

Our sources out in the field report that scores of people are being turned away at the retail locations. Just to save everyone time, you CANNOT purchase the iPhone without the 3 year contract. If you are already on a contract with Rogers or Fido, call ahead to check your eligibility for an upgrade. If your contract is relatively new, chances are you will not be able to upgrade to the iPhone, but call customer service and find out before heading out to the stores.

Tags:3G, canada, fido, iphone, rogers