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New iPhone...is anyone else pissed it's so much cheaper?

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so the new iPhone was released today. It doesn't sound like they changed a whole lot but they made it a little thinner, 3g comparable, and put actual GPS in it. The thing is I bought an iPhone like three months ago and I paid $400 for my 4 gig and I see the new one, that is a little better, is $200!!! What kind of crap is that! I understand the whole tech thing and how fast the prices come down but seriously. Is anyone else extremely pissed off about this?