you paid 499 for it not 399.
i think everyone will get back 100 evne the 4gb users as he mentioned in his letter.
with iphone steve is going to really dominate the world. everyone cant own a computer, but at a price point they can get a iphone.economy of scale means these beautiful devices will cost 100 or less very soon, but selling games, ringtones, music,video, real time live stock trades on the iphone etc is where the recurring money is
at 399 after rebate steve is still laughing to the bank but then again he made a superior product that has opportunity to become better and better