If you were waiting for a price drop to pick up your own iPhone 3G, now might be your only chance. AT&T is now offering refurbished iPhone 3G's on their website. 8GB's are going for $149.99 and 16GB's can be picked up for $249.99. Of course these prices require a 2 year service agreement.

Just a heads up on refurbished devices from AT&T:

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blockquote>Refurbished Phones and Devices Refurbished phones are previously owned devices that have been unused or lightly used and returned during the 30-day trial period. Each refurbished phone is independently quality tested and loaded with the latest software to meet current factory standards. Some refurbished iPhone 3G devices will have minor scratches. Refurbished iPhone 3G devices carry a warranty of 90 days or more. For details about the warranty on your refurbished iPhone 3G go to www.apple.com/support/oss/.

So what do you think? $50 price cut on a refurb make you want to finally bite the bullet? Let us know!

[Via Engadget Mobile]