The $200 3G iPhone?
The article suggests that the phone would keep the current model's base price of $399, so this would mean a $199 iPhone. The price cut seems somewhat unlikely to me, particularly as AT&T will have a narrow window wherein it is the only U.S. carrier with a 3G network that the device will work on. Even if people unlock the iPhone in the U.S., they'll have to wait for T-Mobile US Inc. 's 3G upgrade to its network. (See T-Mobile USA: 3G, Going on 4G?)
It seems more likely, to me at least, that the operator is planning price cuts to the existing iPhones to clear the decks for the 3G model. This already appears to be happening in Europe. (See iPhone Price Cut.) — Dan Jones, Site Editor, Unstrung