Yeah, and since Best Buy's retail price is 700 for the 16gb, you can actually get $350 back if you return it in 6 months. Then if you buy your new phone (iPhone 5) from apple, you can get it for $600 minus the 350 for the buy back, so it only costs you $250.
Hmm. That sounds like a very good deal. Hadn't realized that Best Buy looks at the full retail value of the phone for the 50% buy-back, not the discounted value. I think this is a very good deal