I ordered in May, then started filling out the forms in the app, then a few weeks later got the offers. You just got to be sure you understand what it means to get an Austin car. Just remember to choose the option to take earlier delivery.
Upsides as mentioned earlier
Downside are everything to do with the first set of cars off the line, which is why they're only offering it to locals.
Thats also why you can't order one direct from the website.
It seems that they haven't made any with white seats yet and only in five seater, but I've been offered both 19 & 20" wheels, tow hitch and all colors so far.
Price is $2k less than the equivalent current Model Y-LR
After not waiting for the white seats with my Model 3 I'm determined to wait this time