I was SO excited this morning to find my phragmipedium grande's bud was popping this morning! Its very first flower! Looks to be only a single bud and the petals don't look that long but I'm still happy it bloomed at all! I've been waiting for a good while as it was a bit of a youngster when I got it.
I will post a pic of it as soon as I can get one. It won't be as dramatic as most you see but hey, its got years to grow still!
If you have some patience, you can save a little money buying NBS plants.