Engadget, the electronics blog, has a detailed iPhone 3G review today. Good overall, but then, near the top, is this whopper:

And its 3G network compatibility finally makes the iPhone welcome the world over, especially after Cupertino decided to ditch its non-traditional carrier partnerships in favor of dropping the handset price dramatically. $200? We’re still a little stunned.

The 3G makes it mostly world-wide in coverage, but the notion that Apple has dropped the handset price to $200 is absolutely, totally bogus.

Apple did nothing of the kind. The company calling itself AT&T is subsidizing the device. But cheaper? Not on your life. In fact, you’ll pay hundreds of dollars more during your subscription period of you buy this thing. (Yes, you’ll get the 3G that the company calling itself AT&T offers as part of the deal, but not many other serious benefits.)

Engadget got suckered by the hype this time. A correction is in order.

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