Question

 Should I buy a iPhone 3gs or wait for the next generation?

Answer yes you can, you dont have to buy a new simcard when you buy a new iPhone
http://wiki.answers.com/Q/Should_I_buy_a_iPhone_3gs_or_wait_for_the_next_generation

Top Q&A For: Should I buy a iPhone 3gs or wait for the next ...

Should I buy an iphone 4 now or wait for the iphone 5 PS I have the 1st gen iPhone so i wanna new phone but w8ing seems better because they keep releassing new models every year which is annoying?

Depends, if you really want the iPhone 5 then you should get it if you don't mind spending more money on it. I'd wait.
http://wiki.answers.com/Q/Should_I_buy_an_iphone_4_now_or_wait_for_the_iphone_5_PS_I_ha...

I would ideally like to get the phone in July or August should I wait for the iPhone 5 to come out or just get the iPhone 4?

No it isnt.........they are exactly of the same size.....its just the color difference......
http://wiki.answers.com/Q/I_would_ideally_like_to_get_the_phone_in_July_or_August_shoul...

Can you put a 3g iPhone sim card in to a 1st generation iPhone?

Yes you can but you will not get the benefit of the 3G network speed, you will only get EDGE. Also this will require an iPhone data plan change and if you had the unlimited plan on the iPhone 3Gs y... Read More »
http://wiki.answers.com/Q/Can_you_put_a_3g_iPhone_sim_card_in_to_a_1st_generation_iPhone

Will any iPhone OS4 features be available on the 1st generation iPhone?

Nope. Only 3GS and iPod Touch 3rd gen. get all the features. iPhone 3G and iPod touch 2nd gen. get a lot, but not some, such as multitasking, because the hardware is not suited for the "massive" RAM
http://wiki.answers.com/Q/Will_any_iPhone_OS4_features_be_available_on_the_1st_generati...


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