I have mixed thoughts about the flap over the sudden $200 price cut for the iPhone. It is yet another case of Apple's arrogant streak right up there with its heel-dragging in responding to iPod battery life problems.
However, I would also say to those early adopters who rushed right out to buy an iPhone the very second it hit the market: serves you right. Understand here that I usually am in the early adopter crowd. But I do so knowing that the product I am buying likely will be cheaper and improved very shortly after I have bought it. Admittedly a $200 price drop only two months after a product's introduction is a bit in-your-face even for consumer electronics or cell phones. But it's not that far off the norm.
In high tech as in all commerce: caveat emptor.
IPhone Owners Crying Foul Over Price Cut - New York Times