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I agree, it would be strange to buy every single iteration of a device just because it exists. My wife is still using an iPhone 3Gs and it works fine. I use a 4g but it has to do with when our "plan" allows us an upgrade at a discounted price. We are both "due" for an upgrade now and are waiting for the iPhone 5. Since we get a hefty price break, I think we'll both get one.

I equate it to adult toys. (no not that kind)