AT&T has already begun selling refurbished models of the 8GB iPhone for $249, a savings of $150 off a new iPhone.
The offer requires a 2-year plan that must be ordered during the activation process. Limit is one per customer. Standard AT&T rates and plans apply. A quick check of the Apple Store online also reveals the availability of the same 8GB iPhone for $249. Apple also offers AppleCare for $69 which extends repair coverage for 2 years.
Not a bad proposal for those who have to make some savings!
References:
http://www.slickdeals.net/?permadeal=11952#direct_deal_11952
http://www.att.com/Common/merger/files/pdf/iphone_att_network_fs.pdf
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