I agree with quite a few posters in here. Are people really this stupid? 
This is why the government mandates companies put 20 different warning labels on everything, because people are MORONS and cannot read or comprehend what they are doing. You sign a contract, and agree that you are stuck to that phone for 2 years. If you want to upgrade once a year when the shiny new iPhone is introduced then either pay retail or Im not sure if its an option for the iPhone, but pay the 1 year subsidized price.
At Verizon the 1 year subsidized price is only usually $50 to $70 more than the 2 year so its worth it for those who want to switch often.
This is why the government mandates companies put 20 different warning labels on everything, because people are MORONS and cannot read or comprehend what they are doing. You sign a contract, and agree that you are stuck to that phone for 2 years. If you want to upgrade once a year when the shiny new iPhone is introduced then either pay retail or Im not sure if its an option for the iPhone, but pay the 1 year subsidized price.
At Verizon the 1 year subsidized price is only usually $50 to $70 more than the 2 year so its worth it for those who want to switch often.