Phone Upgrade with Verizon Edge

T-Mobile has recently announced their JUMP phone upgrade program.  Now Verizon is offering a similar phone upgrade program with Verizon Edge which will be available August 25th.  If you sign up for Verizon Edge, they will take the price of the phone and divide it over 24 months.  You pay the first month when you sign up.  After six months, as long as 50% of the phone you are currently using is paid for, you can get a new phone and start the process over.  Head on over to Verizon to read more about it if this interests you.