Telecom Analyst Bruce Kushnick has inspected the iPhone's terms of service and offers some surprising revelations (emphasis mine):

1) iPhone Requires a 2-Year Contract with AT&T.

2) Expensive: Requires $2,280, Over $1,730 in Wireless Costs.

3) Double Billing. You and the Caller Both Get Charged for the Same Call.

5) Customers Are Billed for “Network Errors” and “Network Overhead".

6) Billed Even Though the Call Doesn't Go Through.

7) Bogus Fees Added to the Bill: Regulatory Cost Recovery Charge

8) $175.00 Termination Fee.

9) International Messages Are Charged Additional Fees as Are Files Over 300Kbps.

10) Over Your Quota: Get Gouged: 40¢ Per Minute and 69¢ Roaming Offnet.

11) The Services Are Not Secure and Can't Block Your Phone Number.

12) The Current Mobile Email Service Doesn't Support Attachments.

13) Prohibited Uses and “Unlimited” Sales Hype.