Need to ask a question about getting the iPhone 5 without an upgrade available.

Alright so I have currently an iPhone 4S and do NOT have an upgrade available. My question is how do i go about buying the 5 then? From what I know, Apple sells "unlocked" phones at around $750 (I want the 32gig version) but wont come out on launch day. Is there a Verizon specific phone that I can get instead of an "unlocked" phone that would cost cheaper and I can get it on launch day? Or do I have to preorder it through verizon's website?
Another thing is...is there certain fee's that I would have to pay to go along with the phone if I can buy it?

Pernoe: I'm no expert, but this is the way I understand unlocked phones. Unlocked phones that use GSM technology can work on either T-Mobile or AT&T networks. Unlocked phones that use CDMA technology can work on either Sprint or Verizon networks. I can't tell you the difference between GSM and CDMA... I just don't really know what it is, just that AT&T and T-Mobile use GSM and Sprint and Verizon use CDMA.
That being said, I purchased (or at least ordered... my credit card has not been charged yet) 2 iPhone 5's from Verizon and opted to pay full price instead of taking the contract discount. You don't need to buy an unlocked phone to pay full price. You just have to select "month-to-month" pricing instead of "2 year contract" pricing when you buy the phone.

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