AT&T Offering Refurbished iPhone 3G For $49 Bucks

AT&T announced late on Friday last week that it would be selling refurbished original iPhone 3G's for low as $49.00 with a two year contract.

The announcement came from the AT&T News Twitter feed stating "iPhone 3G refurbs now as low as $49 while supplies last. Visit att.com to order."

At the $49 price point, you would expect that just about anyone that currently has a cell phone could now enter in the iPhone market and a lot of users are still jumping ship from their old provider to AT&T solely for the iPhone.

Will the new refurbished iPhone 3G's entice even more users to jump on the AT&T bandwagon?