Price Watch: Refurbished iPhone 3G now $99

The mythical $99 iPhone is finally here.

(Credit:Apple)

Hey, remember the refurbished iPhones I wrote about a couple weeks back? Many of you commented that $149 wasn’t a good enough deal when $199 would buy you a brand-spankin’-new unit.

Well, what about $99? That’s the new price point for an 8GB refurbished iPhone 3G from AT&T. Want the 16GB model? It’ll run you $199, down from the previous price of $249. (Find all the current refurbished-iPhone deals at AT&T’s site.)

Everything else is the same: you have to sign up for a two-year contract, and you get a 90-day warranty instead of one year. (I haven’t been able to determine if you can purchase an extended warranty like you can with new models. anybody know for sure?)

So, how about it? Is a $100 savings enough to get you to pull the trigger? (If so, act fast: This offer expires December 31.) or is the $70-minimum monthly subscription just too steep? Hit the Comments and let fly.

In the meantime, I know where you can get some great freebie e-books to go with a new iPhone…