I ordered on May 2nd in the evening. A 16gb 3G Model. So we're approaching the 7 "business" day deadline.
I called Apple this morning and they said it's shipping from the States. If they're wrong and it's shipping from China I should be getting an email in the next few hours since it's almost Tuesday over there.
I'll keep you all updated.
BTW, I visited the largest Apple Store in the States yesterday (Boston, Boylston St.) They're completely wiped of all Wifi, and all 3G Models. They have "no idea" when they'll be in.
So we ordered the same thing on the same day...here's hoping mine ships from the States as well. Hell I'll drive to California, I need a vacation.