Having worked in electronics retail for many years, I know that cutting edge products will always drop in price and that first gen. products will always improve with later releases. Even if I weren’t in the middle of a Sprint contract, I personally would have waited. Still, there were hundreds of thousands of people that purchased iPhone’s. The fact that Steve Jobs and Apple will offer customers who paid $599 for their iPhone a $100 credit is amazing. Kudos to Apple for listening to their customers and actually doing something about it.