The League does not have an iPhone, and won't (a) for about two years so he can get the most out of the Blackberry he just bought, and (b) if they have made the move to Verizon by that point.
But we are very interested in the reading experience on the iPhone.
At long-last, comics are moving to the iPhone, and hopefully soon they'll also move to the Sony Reader and other technologies.
Anyhow, I am willing to send a check to reimburse the costs of the first Leaguer who purchases the first two or three issues of Mark Waid's "Irredeemable" and writes a review of the experience for reprint here.
More on the "Irredeemable" comics for iPhone topic.