Will people really pay $800 for a SIM-unlocked iPhone 3G?

There are rumors of a new iPhone(s) coming in June around the time of the Apple WWDC and this seems to jive with the fact that you can now pick up a SIM-unlocked 16GB iPhone 3G for a low $799.99 from Buy.com. The iPhone is capable of software updates and will allow you to use it with AT&T or T-Mobile without any contract or rebate forms. I buy lots of phones from Buy.com, but $800 for an iPhone 3G is a bit out of my price range and really have to wonder how desparate Apple is to get rid of existing stock. If they were trying to dump stock I would think you could pick up an unlocked model for $600 or so with the AT&T subsidized ones running $200 and $300. This price seems a bit ridiculous to me, especially after I just recently found one on Howard Forums for $400. You can get them on ebay too for something like $500.