So I went in the store yesterday and found out that I qualify for new contract pricing even though I got the iPhone in February. I think I read somewhere that you can do it as long as you are less than 12 months and more than 20 months. If it's not that reason, then it's because I'm on a family plan and they allow you to buy an iPhone using another person's free upgrade line and then just transfer the data plan and everything over. But basically, I pre-ordered my 32GB iPhone 3Gs for $322 (after tax and activation fee) and then I listed my current 16GB white iPhone on craigslist and sold it really quickly for a solid $350... so long story short... I actually made money. The only downside is I technically extended my contract 4 months, but I plan on using the iPhone that long anyways!
So make sure you go into the store and talk to an actual sales rep to find out what you can do!
So make sure you go into the store and talk to an actual sales rep to find out what you can do!