Wait for official launch, if you're that paranoid about warranty. The price you pay for getting it now from the States (RM1700) gives me more than enough savings to get it serviced multiplefold at our local Apple centers, even if it needs payment.
What most people dont realise is that when Apple says release in Asia in 2008, they didnt say WHIC COUNTRY in Asia will get the official launches. The way Apple manage to slash prices on the iPhone is to pass part of the cost to the service provider/telco to subsidise the cost. The service provider/telco then decides on the service plan (pay $$$ for X months) and binds the user to this agreement. I dont see Malaysian telcos adopting such plans currently, or even subsidising the cost of a phone and tying users to set service plan. I see Singapore adopting such business plan for their telcos, so i'd see them getting the iPhone more than we do. Even if we DO get the iPhone locally as an official launch product, since our local telcos does not follow the subsidisation business plan like AT&T in the US, O2 in UK, T-Mobile in Germany, or even Orange in France, the iPhone will be sold MORE than USD399 pricetag now since this price USD399 is the subsidised price after a particular telco being awarded distribution right for the iPhone in their respective country. Be prepared to pay the TRUE price of the iPhone, once Or if, the iPhone launches here.
So, after that bit of information, who's still waiting for the local launch? It is between these two scenarios:-
1 - Wait for the local launch (if Apple deem it worthy and economical to release it here, remember, Apple's business distribution plan of launching an iPhone on a particular country right now are based on the respective country telco SUBSIDISING the cost of the iPhone, a practice not seen here in Malaysia), and pay the TRUE pricetag of the iPhone. You're not paying USD399 here anymore folks, that price is only for subsidisation plan, not if you dont sign up for a line, or service plan. But you get local warranty coverage. What this TRUE pricetag here remains to be seen, but im willing to bet my iPhone, you wont be paying RM1700, and most likely be upwards to RM3000 and beyond. The bad news may not end here, you may be required to subscribe to some sort of a service plan, though not as SEVERE as the AT&T's plans for example.
2 - Get the iPhone now , pay USD399, no local warranty so you're taking a sizable risk here, and once the iPhone is locally launched, PAY for service or other repair fees, since your iPhone is not from the local launch. Let say the iPhone launches here at RM3000, remember..... no subsidisation practice here, people. You just saved RM1300, and taking a ballpark figure of RM300 for every trip you make to the service center to repair your iPhone, since it is not covered in warranty/repair issues locally, you can afford to go up to even 5 times here. Even the unlucky ones dont get to repair their phones that many times.....are there?
Weigh your preferences here, people. If you are THAT PARANOID about repair/warranty issues, by all means , wait it out. You may , or you may NOT, get a local iPhone launch here, based on the points i have brought up before. Even if you do, do not expect the pricetag to be as subsidised as USD399, since local telcos dont make it their practice to subsidise phones here.
Again, dont be a cheapskate Malaysian. You can either have it one way or the other, NOT BOTH. You cannot have it cheap and expect full liability coverage in case of uncertainties happening. There is a reason why the iPhone is released country by country, region by region, that is because each region deals with phones and network service plans differently from the other. As from the current pattern Apple is adopting, they are only interested to launch the iPhone in countries that uses the phone cost subsidisation by service plan system. Malaysia does not adopt such system, where does that put us in the "Asian countries launch in 2008" list? Yup, nowhere in that list.
What's worse, Apple may even stick to launching the iPhone ONLY in countries that uses the phone cost subsidisation by service plan system, and not in other countries. Or they may opt to launch a sim-free (official, not by the current hacks) iPhone in the future, but to do so, they need to ride out the signed contracts with AT&T, O2, T-Mobile and Orange to expire before doing so, otherwise, a sim-free iPhone without service plan will breach the signed agreement with these telcos. And guess what? The longest contract so far, is with AT&T. Although the required period of service plan to sign with when you get the iPhone via AT&T is 2 years, Apple signed a 5 years agreement to provide AT&T sole distribution rights for the iPhone. Which means Apple CANNOT allow or manufacture, or release a sim-free version of the iPhone until this contract period expires. Do your maths, guys.......... 2007 + 5 years =?
Your neck craning that long already, yearning for that locally launched iPhone? Well, it may get significantly longer, and you might want to warn your chiropractor for more frequent appointments for your neck pains for all the waiting you're going to do!