I find it pretty insulting that so many people think that iPhone owners bought them because they wanted to be cool or exclusive. I bought it because I thought it would be a great device (and it is). But Apple has NEVER reduced the price of a new product so quickly or so greatly, and I think it's natural to feel a little betrayed. It's great that more people can afford to get iphones now, but I certainly didn't realize I would be paying a $200 premium just to have the phone several weeks early.

That said, I'm very satisfied with the $100 credit that Apple is offering. It's just too bad they didn't say that from the start. It's like they didn't know what the reaction to the drop would be.