update
just got this from o2...
Hi Peter,
Just a wee update, My operations manager is looking into the issue for me,
Here is the info Ive been given.
Questions you might get asked by customers
I already have an 8GB iPhone and want the 16GB version does this affect my contract?
No, your contract will stay the same, all you need to do is transfer your SIM as detailed on our website
Can I give my 8GB iPhone to someone else?
Yes and they can buy a SIM from any O2 retail store for just £4.99. They will then follow the full activation process, creating their own 18 month contract and account with O2
Can I upgrade my 8GB iPhone to a 16GB iPhone without having to purchase it?
Sorry, no, we are currently not offering this option.
I bought an 8GB handset in January can I swap this for a new one?
Customers who have purchased an 8GB device within the last 14 days can return them in line with standard O2 / Apple returns policy.
Please note customers who purchased through The Carphone Warehouse can only return their iPhone within seven days of purchase, and only if the device has not been activated (unless the customer is declined and they have proof of this)
Hope this clears it up. More info available at
www.o2.co.uk
Thanks
Neil Dunlop
Looks like we're not going to get shafted, seems quite reasonable. Would still like something concrete though.