By Beth Pinsker, Editorial Director of dealnews In case you weren't following any of the live blogging or live tweeting going on during Verizon's special announcement at 11am ET (that's 1/11/2011 at 11am, for symmetry geeks), the headline is that Verizon will, indeed, start offering the iPhone in February. The tech blog Engadget quoted Apple's Tim Cook as saying the new phone will run on the "CDMA network — and it has all the features that you'd expect. Like FaceTime. Features like Apple's stunning Retina Display." Cook was on stage with Verizon's Lowell Macadam to introduce the much-anticipated announcement in front of a hoard of reporters, camera crews and even a team from The Daily Show. Engadget's stream reported that the new phones would be available for pre-order by existing customers on Feb. 3, and everyone else on Feb. 10. It will cost $199 for the 16GB, $299 for 32GB — mobile hotspot included for up to 5 devices. The new devices will not run on Verizon's LTE 4G network. You can follow the news on any major tech site, or Twitter, but beware that the liveblogging and live twitter stream will eat up a lot of processing power... To follow prices on the actual phones, check back with dealnews.