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The New Cheaper iPhone 3G That Costs More

Apple revealed the new iPhone 3G today, like everyone expected. It has pretty much all the features everyone knew it was going to have. Fast 3G support, GPS, even the $200 cheaper "Half The Price". During the Keynote presentation, Steven Jobs himself even made a big point about how people wanted the phone cheaper, and Apple delivered.

With one catch. The phone is now $200 cheaper. But the plans for the iPhone are now $10 more expensive. So you save $200 over the old iPhone. But you also pay $240 more over the two year contract. So the new "Half The Price" iPhone is actually $40 more than the old iPhone.

$70 is pretty damn expensive for a 450 minute/month cell phone plan, even if it comes with unlimited web browsing.