The red hot rumor going around this hour—there will be a new rumor before lunchtime, such is our attention span—is that Apple will launch a $99 iPhone at WWDC next week. One of those highly paid analyst types said such a move, that is, a $100 price cut for the lowest end model, would increase demand by 100 percent. It’s not clear how dumbed down this cheap-o iPhone would be, if it’s even real, so it’s hard to say whether or not it’d still be “iPhone” enough to make it worth your while. But let’s assume, for the purposes of this post, that it is, indeed, “iPhone” enough, even at the low, low price of $100. Is that cheap enough to get you to buy one?