I'd previously posted that Walmart was going to start selling a 4GB iPhone for $99.  Not happening, anymore.  
Walmart won't have the $99 iPhone.  Now, the iPhone deal will come directly through AT&T.  And it's not such a deal, afterall.  AT&T will sell refurbished 8GB phones for $99, with a 2 year AT&T contract ... until they run out of stock.  AT&T defines refurbished as "previously owned devices that have been unused or lightly used and returned during the 30-day trial period." 
AT&T will also sell a 16GB iPhone for $199.  This will also be available only until AT&T runs out of stock.
Walmart's iPhone deal is - $197 for the 8GB iPhone, with a 2 year AT&T contract.  That's only $2 cheaper than what AT&T offers its customers.  In doing so, Walmart joins a short list of iPhone official retail outlets, which also includes Apple stores, and Best Buy.    
source: AT&T Steals Walmart's IPhone Thunder: The Carrier, Not the Retailer, Is Selling the Handset for $99, Advertising Age, By Rita Chang, December 29, 2008
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