Now don't get too excited, the iPhone 3GS is not being discounted by AT&T. But if you are in the market for a excellent smart phone at a great entry level price, AT&T has the deal for you.

It looks like AT&T is trying to push the iPhone 3G's out the door as they have just lowered the price of 8 GB and 16 GB phones to $79.99 and $129.99 respectively, with a two-year contract. Both white and black models are currently available while the discount lasts. Before you jump on this deal, keep in mind of the following:


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 if you are okay with the above and you want an iPhone at a great low price, jump all over this one - there is no telling how long it will last!

[Thank to everyone who sent this in!]