Are you kidding me?  Here is what came across the wire..

The Associated Press quoted an AT&T representative Thursday confirming plans to sell no-contract iPhones for $599 or $699 starting next Thursday, as first reported Wednesday by the Boy Genius Report. There’s a catch, however; those phones will still be locked to AT&T’s network.

Ok..  So someone is going to pay $600 bucks for a phone that STILL has to use ATT.  Riiiiiggghhhttt..  Fine, I can sign up, then drop the plan.. Then I just have this expensive WIFI device.

I expect a massive jump in jailbreak when this happens.