As some of you early risers noticed, Apple's online store was down in the wee morning hours, receiving a slight make over and badly needed paint job. When it went back online one product was conspicuously absent; the 4GB iPhone model. It seems Apple has quietly but publicly executed the iPhone that nobody seemed to want.
This was expected since Jobs slashed the price of the popular 8GB to $399, and made no mention of the 4GB model. So no surprise here. Move along, nothing to see here.