According to some intel gathered by Boy Genius Report, starting March 26th, AT&T will begin selling iPhones at a no-commitment, you don't need a new contract price of $599 (8GB) and $699 (16GB).

It's actually a bit confusing, as only AT&T customers can buy the phones, but you don't need to activate the phone with an AT&T contract. So in other words, find an AT&T customer and give 'em a small pile of cash if you'd like to score a no-contract iPhone. [Boy Genius Report]