Confirmed: Verizon Wireless to charge up to $350 early termination on "advanced devices"

Here’s what Big Red is working with: they’ve offered up a BOGO sale on all new BlackBerrys for the holiday buying season, and where some see a great deal, others see a great opportunity. Why not play a game of Flip My BlackBerry? Why not open a second line, get a brand new Tour or Storm 2, pay the cancellation fee on the new line of $175, and sell the device on eBay for $300 or more? Well it looks like Verizon has finally caught onto our the little game. A new connect has emerged with a few documents and it looks like starting on November 15th Verizon will be charging up to $350 as an early termination fee on “advanced devices.” This new “improved” fee does have a minute silver lining (if you can even say that): for every month of service completed, the $350 sum will decrease by $10. No word yet on what an “advanced device” constitutes but we can use our imaginations to figure it out. What do you think? Anyone considering abandoning plans to buy the DROID after hearing this news, or are you just going to get yours before November 15th? Or will you actually be an honest person and actually honor the contract you sign?

Thanks, GetOverIt7!

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