I just can't seem to get my iTunes working right with the iPhone, can anyone help? I Google'd this problem and see that others have had it, but without showing any solution. The extent I tried to fix it is I went through a format and reinstalled everything (took almost the whole day). It worked fine, sync'ed everything, and then iTunes started freezing again. The basic problem is when I connect the iPhone, a meter on iTunes shows up that says "Waiting for iPhone" and 15 seconds later, it freezes completely.
To note: I am on a 1.1.2 OTB iPhone and have tried iTunes 7.5, then 7.4 with the same problem.