Advice on upgrading from an iphone 3G, in the UK

dubeye

macrumors newbie
I have a 3G iPhone on it's last legs and I want to upgrade to 16Gb 4 or 4S in the very near future.

I am currently paying 20 a month, on an expired contract with O2, with unlimited data. (as the contract dates back from when unlimited was standard) W

I obviously would prefer the 4S, but if I can get a good deal on a 4, I doubt I would tell the difference , having had a very slow and laggy 3G for so long.

So my options are

1/ Buy a refurb 4 from ebay for 350-400, keep my existing data package, trim my existing sim to size.

(Would this work, data and all, seamlessly? )

2/ Get a new 4 or 4s contract, and come into line with new data pricing

Or an option 3 I haven't thought of?

Will the 4 come down in price dramatically over the next 2 weeks? I can't wait much longer as my home button is very nearly dead.

Thanks in advance,
 
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