I just sold my iPhone on craigslist for 450, plus the guy offered me 20 dollars to drive it 11 miles to him. So a little less than an hour, I'm 220 dollars richer in pocket after buying one of the referbs for 250. Is this not rediculous? 470 dollars for a 2 month old product that retails for 400 and can be had for 250? What is the most you've seen iPhones go for? 8 or 16.