Reply #1: Good job I don't require your sympathy then, isn't it?

[Kutjara]

I'm very happy with my iPhone and have enjoyed using it for the past couple of months. It's been a very useful tool and well worth the money I spent. The $100 store coupon I'll be getting next week is a nice perk that I'll put toward the new iMac I was planning to buy in the next few weeks.

I do think that Steve Jobs made a tactical error reducing the price by 33% barely two months after the phone's release. Had he introduced a new 16GB iPhone at $599 at the same time as reducing the 8GB model to $399, I could have understood it, but to slash the price of a product that is so new and apparently selling so well sends a very confusing signal to the marketplace, and can potentially undermine confidence in the product. The next few weeks will tell whether the price slash has had the desired result or merely been a giant miscalculation.