WWDC 2008 3G iPhone Priced At $199
The price has been one of the major disappointments of the original iPhone. However, there can be no complaints with the new 3G version. You'll be able to grab one for as little as $199.
The 8GB iPhone 3G will run $199, while the 16GB version will run $299. You'll be able to snag one of these in both black and white. Now your iPhone can match your older iMacs and the like.
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Don't go rushing out to your Apple stores just yet, this bad ass phone won't be available until July 11th.
More details at Apple's official page here.