We have our doubts about this one, but we also had our reservations about the Verizon iPhone, and look at it now. It's reportedly a third smaller than the iPhone 4 and will cost just $200 unlocked. Too good, to be true? Maybe, but this has an equal chance of being true just like the whole CDMA iPhone rumor. They do note, though, that this little project "can still be scrapped." Well, I guess we'll just have to wait and see, won't we?

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