iDrop

Two months after the  iPhone is released to overwhelming hype success Steven Jobs dropped the price by $200. Yikes. That's right $200 dollars.

So Steve has posted an open letter to all iPhone users about how basically this is great for Apple and the coming Christmas buying season. Also how there will always be people who buy a product before a certain price drop and those who are eternally waiting for the next one. But they are going to give iPhone early adopters $100 Apple store credit to make up for it.

CNet's Molly Wood goes off pretty hard on the price drop on last Thursday's epside of Buzz Out Loud.

Thank god that there are people like Leo Laporte that drive down prices for the rest of us. Usually right after he buys a product, you know there's going to be a price drop. Thanks Leo.

And finally, does anyone else think it strange that you can order the new Nano's on Apple's Canadian site when all the Canadian outlets are only allowing you to pre-order for the end of the month?

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