BGR has just reported that AT&T may be working on a handset exchange program to be unveiled this upcoming June. Do you think this may have something to do with a new iPhone being released? Yeah, TiPb thinks so as well.
So, say you bought the iPhone 3G sometime in the last year and a new one comes out this June or July, technically you should not be eligible for the subsidy price. What does AT&T do about this? They introduce their new "Phone Trade-In" program of course. This may be one way AT&T will try to calm the angry hordes of people who feel they are owed the lower price. Keep in mind this is not without strings attached.
This is very nice of AT&T if this does indeed turn out to be true. While I would not go this route, it may be a valuable option for people looking to upgrade to the latest and greatest iPhone this summer.
(Personally, I say unlock your current iPhone and sell it on eBay. You should receive more $$$ than AT&T is willing to give you...)