Taking a break from laughing hysterically at the guy in the red feather down jacket
http://www.youtube.com/watch?v=aFteyk61RkM
I need to interject and debunk any myth that the VZW iPhone 4 won't sell for $400 to $500 prior to the iPhone 5 release. I'm a PowerSeller and have been selling devices on eBay since 2003 and i'll be the first one to tell you, that yes it will. Yes, you are limited to VZW customers, but those customers pay generously for devices when the full retail of the device is considered. I just sold a few Samsung Captivates for $400; the iPhone 4 will easily match that or surpass it.
iPhones retain much of their value so reselling and using that to put towards the iPhone 5 will not be an issue.
I now return to laughing hysterically at the red feather down jacket.