In June this year I had my iphone 4 replaced due to a faulty proximity sensor (my second one with that problem). The replacement was not a 5K but one seemingly new or remanufactured in April this year. This phone has been perfect. This phone is very important to me and my warranty is expiring very shortly. I have looked at all the threads here and elsewhere regarding Applecare. I normally despise extended warranties as they are enormous cash cows for the underwriters and the companies offering them. Future Shop comes to mind. However, despite having Amex Gold "warranty doubling", I do feel that Applecare may well be worth it in that if I have a problem with this phone, say dropping it and shattering the screen, Applecare will enable me to go into my local Apple store and get a refurbished phone for $199 whereas with the Amex coverage my phone will probably have to be sent in somewhere for repairs and I will be without a phone. Same thing with other problems in that I do not foresee myself being without a phone for more than a few hours as opposed to Amex coverage. I am not sure if I will get the iphone 5 in say a few months and I am thinking that for the first time I might just sell my phone if I do (I have an iphone 3G in fine order still) and wondering whether Applecare would add say at least $50 to the resale price. It would to me if I were to be a buyer because I know that if the phone that I was sold was actually faulty I could go straight to the Apple store and get a proper replacement. Any thoughts on this?