PayPal me 50 bucks if it's not a problem for you. I have a feeling it would be though.
I look at it this way. If you woke up and said "screw it I want a 4S I'm not waiting and a contract is fine". Most people are on a contract anyway I assume.
If Verizon, apple store and AT&T are selling the 4S for 200 but target has it for 150........tough argument to say "just pay more for the exact same thing it's no problem".
And for the people that say you're an idiot for going on a 2 year contract someone like myself could say you're an idiot for not just having your employer buy your iPhone and pay for the service. That's an employment requirement for me.