The latest such deal on the iPhone 3G is coming from AT&T. They have cut its price on refurbished 16GB iPhone 3G units, dropping the price by $50 to $150 on a 2-year contract. They’re available in both black and white versions. The 8GB iPhone is available for $99. Even though they’re refurbs, purchasing one still requires you to get a 2-year contract. iPhones carry a warranty of 90 days or more and may have “minor scratches.”

So, should you hop on this or wait for whatever next-gen iPhone Apple has waiting in the wings?

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