Seems a bit pricey that dude I only paid just over £100 for an iPhone 2G 8GB a few months back before I bought my iPhone 4 and that was pretty much brand new, it didn't have a scratch on it
Gazelle.com currently values the Original iPhone 8GB (no option for 4GB) at $65, and the value is only going down. $250 is beyond reasonable considering the technology is really outdated.