24 months???
Yeah it's £30 if you sign up for *two years* of committment. In two years this phone will be a dinosaur - do you really want to be stuck with paying for something long after it's been superceded?
Those kinds of contracts are great for the kind of person who's happy with their 'dials a number and sends a couple of texts' type phones (who wouldn't be interested in this anyway) - but for the more demanding users who'll be upgrading every 6 months or so, they're a huge red flag.
I'll wait for it to turn up on ebay.. got my G1 like that for £150 no contract.