The iPhone SDK has been released by Apple a week ago and already there is has been over 100 000 downloads of the kit. As you can imagine, I was the first inline to get it. However upon installation on my Dual G5, I was surprised to see that there was no iPhone project templates available in XCode. After some researching, it found this note posted on Apple Site about support for Intel-based architecture Mac only.

So I was contemplating the purchase of a dedicated
Mac Mini box as a development machine until I hit
this site that explains how to use the SDK on a PowerMac architecture.
After following every steps, voila !!!

Now I will delve into the CoreLocation API and report back here soon.
Update: If you are using the iPhone SDK Beta 2, please follow the directions
here instead.
Happy location reporting - Martin