Take a look at the link below for the full scoop:
But basically you can buy an iPhone, enter your SSN as 999-99-9999 to flunk the credit check, and have the wonderful world of prepaid opened to you. Or you can cancel the line after your first bill and have an ewber-kewl iPod, internet browser and generally lean and mean WiFi machine with nary a contract to be found.
1. You gotta use GoPhone's Pick Your Plan...with a $20 addon to get unlimited data (actually, that part's not bad) and Visual Voicemail. No Pay As You Go, and nothing good as far as rates go...200 minutes with the iPhone data ends up being $50 a month plus taxes and junk fees. And you gotta pay that to even get your phone activated.
2. Activation is a slightly rockier road than the oh-so-smooth contact experience. But hey, you wanted prepaid, right? And your iPhone can do just as much as everyone else's...everyone who's paying for their contact...
3. Texting ain't included on the GoPhone plans. So if you want to text (and not pay 15 cents per message for the privelage...texts decrement from the non-data-plan part of your bill) you either pay $5 for 200 texts or $20 (!) for unlimited.And with the iPhone you'll likely use a text or two more than usual, with its cool threaded chat feature...yech...
...and, worst of all for now...
4. EVERY time a call, text or data session is completed...including when the iPhone checks your email...you get a lovely little popup telling you how much your balance is and how much you've spent on that particular activity. Even if you've spent NOTHING. I was thinking more seriously about the iPhone due to its ability to go onto prepaid but until they get that debilitating bug (you can't do anything until you hit Dismiss to that evil dialog and it'll mess up all sorts of things that you're doing) fixed. Right now the only way to squash it is disabling text messaging...dang.
But hey, if you don't mind giving up beautiful texting (the iPhone can go onto the multiplatform web chat at Meebo.com so technically you can text thataway fo' free), don't mind high per-minute rates and don't mind shelling out big time for this modern marvel, you can definately get it contract-free.