The 2011 Chevrolet Camaro convertible is on schedule to arrive at dealers by March, and it's as eagerly awaited as the revived 2010 Camaro coupe was 18 months ago.

If you're impatient, and want to be the first kid on your block with a cool drop-top bowtied muscle car, pull out your checkbook. You may be able to buy the second example off the production line ... but it's gonna cost ya.

General Motors alerts us that the second-off-the-line 2011 Camaro convertible will go up for bids at tonight's Barrett-Jackson Auction, to be held at the Mandalay Bay Resort & Casino in Las Vegas. The YMCA of Southern Nevada will receive proceeds from the winning bid, courtesy of local dealer Fairway Chevrolet.

The convertible Camaro has been a long time in the making, with the first concept unveiled at the 2007 Detroit Auto Show. It was planned for launch March 2011, but during the GM bankruptcy last year, it looked like it would slip to the second quarter of 2011.

If you're not planning on entering the auction, you'd better already be on your local Chevy dealer's waiting list. 'Cause come next spring, we think a Camaro convert will be the hot ticket to ride. Don't say we didn't warn you.