Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_1 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8G4 Safari/6533.18.5) So basically right now I'm looking at the 1st gen iPads as that's all I can muster up and afford at the moment. In order to get the iPad 2 I'd need at least an additional 150-200 bucks after taxes. I am planning to get the iPad and once I have got an extra couple hundred sell the old an upgrade. Going this route kind of makes sense to me since there is huge backorders almost everywhere for the new one. The big question though what will I get in return as far as resale value on a refurb 1st gen? Do you guys think at least a few months down the line I'd still be able to get about 300? The refurb comes with a 1 year warranty if I sell it before that warranty is up would it be valid for the future owner how does that work?