Before I got mine from the reservation system I was looking at them on eBay and noticed the crazy high prices.
I just moved my tablets (and 3 phones) to a Verizon share plan and thus had two upgrades on tablet lines that will likely always remain tablet lines.
When I got lucky on the reservation system for my phone I tried again right away and got lucky again with a 16GB model and used the tablet line as the upgrade.
I picked up the phones, called Verizon, switched the 16GB back to my tablet, promptly put it up on eBay and it sold for $910 to someone down in FL. That paid for my family's switch to Verizon (activation fees), my Sprint cancellation, my 32GB iPhone and still put a little over $100 in savings.
It's curious, the person I sold the phone to had a lot of recent iPhone 5 bought feedback so I wonder what the heck they are doing with them all. I guess selling them internationally for a lot more, must be lucrative.