New 3G iPhone already up for auction

Unique Auction is already publicizing a 3G Apple iPhone on their auction site. For those of you who aren't familiar with UA's system, bidders attempt to place the highest unique bid on an item. Products are listed at 1/10th of their retail value, so bidding is fierce for that coveted window.

Closing time for the newly announced iPhone auction is slated for July 11th, presumably so they actually have one to sell you. If you plan on joining this lunacy, here's the registration page.