Starting 1/7/10, the HTC Desire or the iPhone 16GB 3GS will be available for $0 on the $49 NextG Cap.
EDIT: Other handsets are available:
iPhone 8GB 3GS
LG Optimus
Nokia E51
Nokia E71
Nokia N97 mini
Blackberry Pearl
Samsung Omnia Pro
Samsung C5220
Samsung Ultratouch
SE W705
plus a few other models
Cap details:
$400 worth of talk/text
200MB data
2 year warranty on handset!
Sorry for being a bit of an advocate for Telstra lately but it's good to see them being a little more competitive.
well if this prove to be true, i think they need to stock up the desire a bit.