Just in: 8 GB iPhone coming down to $399: low enough for ya?

As noted on BoyGenius Report and other places, the 8GB flavor of the iPhone is being cut to $399. Once was $599.

I think Apple is doing this because of slow sales of the 4GB iPhone. So now that they have extracted $599 from the most eager iPhone buyers they feel that by lowering the price they can sell millions more of these phones to heretofore fence-sitters.

Have you been one of them?

Right now the Apple store is down, The $399 price and the appropriate links are back up. should be up soon.

Go there and you'll see this:

[poll id=131]