Apple does have a policy for this sort of thing:

http://store.apple.com/Catalog/US/Images/salespolicies.html#topic-15

"Should Apple reduce its price on any shipped product within 10 calendar days of shipment, you may contact Apple Sales Support at 1-800-676-2775 to request a refund or credit of the difference between the price you were charged and the current selling price. To receive the refund or credit you must contact Apple within 14 business days of shipment."

"It is NOT ILLEGAL to play a song I ALREADY OWN as a ringtone. Just as it is NOT illegal to have my stereo playing that song while I walk across the room to answer the telephone."

Actually, it is illegal (or at least was a few days). http://www.apple.com/legal/itunes/us/service.html

iTunes Store
TERMS OF SERVICE
9. Purchase of Apple Content
b. Use of Products
(viii) You may not use Products as a musical “ringer” in connection with phone calls.

Other online music stores, such as WalMart's, also expressly forbid making ringtones out of the tracks they offer as well:
http://musicdownloads.walmart.com/catalog/servlet/EulaServlet

Chrisphillers - Have you actually looked at the Prada LG phone? It is mostly touch screen, like the iPhone, but the resemblance ends there. It doesn't have multi-touch, and the interface is just as awkward and poorly laid out as most cell phones. This new Nokia appears to have copied many of the interface elements of the iPhone, including gestures.

It's kind of comical how blatant a copy the new Nokia appears to be of the iPhone, but it is to be expected. Apple shook up the cell phone market with the iPhone, and now we are beginning to see the other manufacturers respond. It's good for all of us, because we'll have more choice, and competition makes for better products.

The iPhone will continue to improve and evolve. Apple isn't sitting around waiting for the others to catch up. There are so many details to get right in a product that complex. I think Apple did an outstanding job for a 1.0 product. The 2.x and 3.x products should be even more amazing.

Wow. Engadget continues their Apple-bashing. What a surprise. For the clueless out there, Apple doesn't make their own commercials. That is handled by an Advertising Agency, which in this case is TBWA\Chiat\Day. The Intel chip ad was produced under contract to Chiat\Day, and the director of the commercial was the SAME GUY who shot the "Such Great Heights" video. Are you surprised that it looks similar? I watched the two back to back, and the biggest thing they have in common is that they were shot in a chip fab. I mean, how many different ways can you shoot a chip fab? It's people in white "clean rooms" wearing their environment suits, and machines moving wafers around.

With all the good press Apple has been getting lately, I guess some "new media" outlets feel it necessary to bash them in order to look "balanced."