Of course, this means that if you buy one Samsung Fascinate for $199, together with a new two-year customer agreement with Verizon, you get another for free. It also comes with a two-year customer agreement, with a $29.99 data plan or higher required. In other words, you need to find a friend who is also willing to sign a two-year contract, which will give both of you a $100 discount.
If you decide to partake of this offer, keep in mind that the cost of the phone with the two-year contract is actually $299, and the $100 mail-in rebate brings it down to $199. So, if you buy two, we assume you initially need to dish out $399, and then you'll receive two separate rebates that make the second phone "free."
Disclosure: Samsung is a Mashable sponsor.