Currently being offered is a refurbished 8GB iPhone 3G for only $99US (with a 2-year contract). You heard right, you can get an iPhone 3G for only $99. So the rumors about the $99 iPhone were semi-true, except this isn't Walmart, and it's only a limited deal. You can get $50 off all refurbed iPhones until December 31.
Here's how the prices break down for the refurbs:
Thanks for the tip, Binja!