If you are an owner of the first generation iPhone who was considering upgrading to the iPhone 3G, the day is getting close. When the iPhone 3G was announced the 8GB model was to be $199 and the 16GB was going to be $299.

Now we are finding out that original iPhone owners will be eligible for upgrades at the $199 price for the 8GB version and $299 for the 16GB version. AT&T customers looking to upgrade to the new iPhone 3G will get hit for much higher prices.