Just got off the phone with the manager of AMC 24 theatres in ********* at (3:02pm EST) and they confirmed that upper management has sent them an email TODAY to all theaters ( carrying the film ) that they can start selling tickets for episode 2 as early as 10AM Friday Morning at the AMC 24 location. They will announce tommorow what show times will be available starting May 16th.
I followed up with a quick call to Lucasfilm Public Relations at (3:12pm EST) and they confirmed that Thursday 5-2-02 that FOX will announce which theatres around the country will be granted the copies of the movie.
It seems that every theater has a different story on this, so you might want to check your local theater before camping out. But this is the story we're hearing most frequently.