With no sign of Apple officially launching the 3GS here, one couldn’t be blamed for taking the plunge into the grey market. I did a little over a month ago and have had no problems. More recently, the iPhone snobs in the office managed to convince another colleague to buy one as well.

The good news is that factory-unlocked iPhones are now going for what hacktivated ones used to. The premium is so minimal that there’s really no reason to save the cash and go through the cat-and-mouse routine with pwnage, hacktivation et al. I can confirm that the phones work as expected and will explicitly state that they are unlocked, once reset and connected to iTunes. Using a Vodafone SIM (an official iPhone 3G carrier), the phone also supports internet tethering out of the box. Baseband and firmware is the latest available.

Brilliant stuff. Ten points for Indian grey market enterprise.