AT&T recently announced that they are cutting the prices of refurbished iPhone 3G’s to help clear out their inventory! These new prices are effective for all flavors of the iPhone 3G, $49 for the 8GB, and $99 for the 16GB, which still available in black and white. AT&T has asked for customers to check their online site for availability.
This is being done clearly to get rid of unneeded inventory and to try and make large amounts of money to keep their network up to par. Now that MMS has been fully released, which luckily hasn’t crashed networks everywhere, they need to be able to keep up with demand by upgrading their network.