Inventory is received then sold the next day is the story. You have to show up early (in this case, I should have been at the store before 4am, instead of 5am). But it doesn't seem to be many and it doesn't seem to matter where you are.
I spent 3 hours this morning, #41 in line at LA's flagship store and their weekend inventory was some number less than 40 units - most people purchased two, so I was never in contention. This morning was Wi-Fi and Verizon 3G; there were no other choices. Unless you've got the patience of a saint, ordering online right now is about the only safe bet. I'm not angry but I'm starting to think the reason sales numbers weren't released last week might have been due to the possibility they could show a shortage existed before they went on sale - I hope not. I don't believe we can blame Japan - timing just isn't right to go with that idea. Hopefully, I'll see my Wi-Fi on April 27th when its scheduled to arrive. Glad I like my original iPad as much as I do; the wait won't hurt as bad.