Apple has just made iTunes 7.3 available this morning, which is the version you need to be running if you hope to activate your iPhone after getting it home. Here are the details of the download, straight from Apple:
With iTunes 7.3, you can now activate iPhone service and sync it with your music, TV shows, movies and more. Also, you can now wirelessly share and enjoy your favorite digital photos from any computer in your home with Apple TV.
So there you have it, you get both iPhone functionality, as well as the ability to view digital photos on Apple TV from any computer on your network.
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