I'd like to sign up for AT&T with a 2 year contract and get a free phone. Can I do this and purchase an iphone afterwards and use that instead? I'd like to use the cheapo phone when I'm out backbacking and don't want to worry about ruining my iphone. Also, it bugs me a bit that you have to sign up for a 2 year contract and don't get a subsidized phone out of the deal. This would be my way of sticking it to the man too. Is this possible? How long would I have to wait before I could activate the iphone? Can I use my iphone sim card in the cheapo phone? Anyone see any downsides to doing this?