i really hope that they do drop the prices because people who bought recently might get a store credit 
Im probaly going to sell my 16GB touch on eBay when these "price drops" happen and then get myself a nice shiny 32GB touch.
if they just gave them away for free, macs would be #1 in market share by next year
I was reading a story on the disassembly of the iPhone and when they took out the sim card it had a 3g logo on it...and the iphone was a 8 gb model. What would be the deal with that?
Pretty much every SIM for AT&T is 3G ready.
so the phone is already compatible with the network?
No, just the SIM.
I don't think they should drop the 8GB. Not everybody is going to need the 16GB. I'm sure a lot of business people won't use it for music and video and such