Glen Head, NY
Leap Wireless has no one to blame but themselves for their pile of iPhones. They are selling locked down iPhone's at an unlocked price (as noted here a few weeks ago). You would be better off going directly to Apple and buying an unlocked iPhone for the same price. Perhaps the idiots at Leap will wake up and realize their stupidity (I doubt it). They'll spin it as being a business model that does not work.
I support the right to keep and arm bears.