I want to buy a first gen iphone. I have no 3G where I live and we are not likely to receive it anytime soon. I also have no use for gps as I already have an excellent Garmin unit.

There are several 16gb models listed on NZ auction sites already, reserve set at $400 so I would not be willing to pay any more than that.

Obviously given todays announcement this may be a good opportunity for someone to offload their 1st gen if they are going to upgrade to the 3G model.

Must be in very good condition.