Is an iPhone 3g 8g for $150 a good deal?

HippoLuna

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I want an iPhone and someone on Craigslist is selling one for this price. Is this a good deal? I don't really want to pay over $200 for one and most of the ones I've seen are 4g for over $400 or 3gs for $300.
Yea I'm planning on jailbreaking it.
 
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