The hot tech gadget…

is the old Rev 1 Apple iPhone.   Tech consumers are spend up to $600 for a 16 Gig Rev 1 iPhone according to WirelessImports.com, a seller of used iPhones. That is $100 more than they sold for new! Even the 8 Gig iPhones are selling for the same $100 markup.

One of the main reasons given for the demand for the rev1 phones is that they are easier to unlock than the rev 2 3G iPhones.  An unlocked (i.e. hacked) iPhone can be used on other networks than AT&T.