We noted earlier that Apple released a FAQ for the iPhone but we forgot to mentiond that AppleCare is on the way also. Boy Apple products sure do add up. Check out #10 from the FAQ.

Can I extend service coverage on my iPhone beyond the warranty?
The AppleCare Protection Plan for iPhone will be available in July. The AppleCare Protection Plan for iPhone will extend the hardware repair coverage to up to two years from the original purchase date of the iPhone. The AppleCare Protection Plan for iPhone must be purchased while the iPhone is covered under Apple’s One-Year Limited Warranty for iPhone.

AppleCare for iPhone details confirmed

(Via The Unofficial Apple Weblog.)