And it's gonna be a monster. Should be capable of 1gh/mh. Projected retail is $599, so better start saving up your pennies  

So I heard one of BFL's wafers were broken and they're waiting on another batch. If this is true, it will add to the delays.  Anyone know if this is true?

No longer looking. Not worth it at this point.

So let's say some tycoon had nothing better to do with his time, bought a million dollars worth of hardware, rented/bought out an office building, and put it all online. Now let's say this tycoon had no intentions of doing it for the money as he has money to burn and is doing it only for competition and excitement. What do you think would happen to the network? What do you think the difficulty would be as a result? Would you stop mining if this happened?

Conversely in another scenario, lets say that tycoon instead of buying hardware, bought out everything available on Mt Gox and Trade Hill. So basically he would buy out all the bitcoins currently on the market. What do you think would happen to the bitcoin economy as a result? Do you think this would have an affect on the network as well?