The price of the iPhone has dropped $200 today. Apple would like a lot more people to get their hands on an iPhone. They have phased out the 4GB model in the process. If you do not have an iPhone yet, now is the time to buy. The iPhone has been unlocked to work on every GSM Provider. We are going to start seeing more and more iPhone around, hopefully its not like the Razr though.
You can also save $50 more when you buy a Reconditioned iPhone. This is what I bought and could not tell the difference. Everything was factory sealed.