This phone is supposedly worth $2.5 million because it is studded with 18 carat yellow gold and 160 diamonds.  The home button is a 6.6 carat diamond.  They call this iPhone 3G the “Kings Button.”  It was put together by Austrian jeweler Peter Aloisson.  Whoever has enough to spend that much a phone has enough money to buy out Pulse2.com for that same price.  I recommend the latter, you’ll get more bang for your buck there.

[via AllTechnoBlog]