Most likely, I might go for iPhone 4 a few months later. Looks much better than the previous version in terms of physical appearence. I am hoping they have made improvements to the call quality problems that were talked about in the previous versions. A 16Gb model at $199 (with a 2-yr contract with AT&T) is very good. Will sell my current iTouch and put that money into buying this new toy. They also have the new data plan of '200mb for $15/mo'. That sounds much better than the 'unlimited for $30/mo'. Anyways I am not going to use my iPhone for heavy internet surfing, so 200mb at half the cost sounds good.