Glad I didn't buy one yesterday. I thought about it. Considered it. Decided it was too much money at $600. Now it's $399. It can't feel good to me the proud owner of an 8GB iPhone that was purchased before today though. Ouch.

UPDATE: Om Malik points out that if you bought one in the past 14 days at the old price, you should be eligible for a refund of the difference. He quotes the Apple return policy:

Should Apple reduce its price on any Apple-branded product within fourteen (14) calendar days of the date of purchase, you may request a refund of the difference between the price paid and the current selling price. An original purchase receipt is required, and you must request your refund within fourteen (14) calendar days of the price reduction.

Now that it's in my range I can reconsider, but then again there probably won't be any in stock to grab. Heh.

Read about it pretty much everywhere, including here.

Decisions, decisions...