Rumors and reports have suggested that Apple intends to announce a free iPhone alongside the iPhone 5. The upcoming freebie is said to be based on the iPhone 4, have significantly lower onboard storage, and to be called the iPhone iCloud.
If there's any truth to that report, this Best Buy offer may not look like such a good deal in a few months' time. Not to mention the fact that the iPhone 3GS is just $49 at its regular price, and requires you pay for data, with hefty termination fees. If you're on the lookout for a cheap iPhone 3GS, you may have a better time getting a second-hand, out-of-contract device on Craigslist or similar sites. Check out The Unofficial Apple Weblog's guide to finding one and pairing it with a pay-as-you-go data plan.