If you could get an iPhone for free, would you?

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Alright, so I'm sure that pretty much everybody hear has at least heard of the iPhone (and how could you not), but what many may not know is how much AT&T are charging per month for the phone's plan. If I remember correctly, one of the plans is $60 a month for just 450 minutes and I don't think that even covers texting. With that said, what are your thoughts on the iPhone?