Hey everyone. I was wondering what you guys think about this situation: I'm needing to cancel a line that is currently eligible for an upgrade. I asked ATT about transferring upgrade eligibility to another line and then cancelling the line, but they said that was not possible. They said that I can transfer the upgraded phone to another line. That means I have to renew the contract and buy a phone with the discount and transfer that phone to another line and then cancel and possibly getting hit with a cancellation fee. The rep told me that the fee was going to be $125 if I cancel before June of this year. That got me thinking... does the ETF decrease as time goes by? If I upgrade, will the ETF shoot up? It seems like i could recoup the ETF when selling the new 4S. I already have a 4S, so I was originally intending to transfer eligibility to my line since my next upgrade will be May-ish of 2013, and I am wanting to get the next iphone whenever that may be. Now, I am just thinking about buying the phone, cancelling, paying the ETF, and selling it. However, if the ETF does shoot up, it doesn't seem to be worth it. Thanks everyone!