O2 details pay-as-you-go iPhone plans

We thought this day would never come, but the moment is upon us. O2, the sole carrier of the popular iPhone in the UK, has officially announced its new Pay-As-You-Go plan for English iPhone users.

Although you will be forking over a hefty sum for the actual device—£350 ($631) for the 8GB Model and £400 ($721) for the 16GB model—monthly costs will be reduced a fair bit. Should you choose to go the cheapest route, you will only be paying between £10 and £14 ($18 and $25) for 500 minutes that can be used to phone any UK land line or O2 cell number. One step up from that and you will be paying between £15 and £29 ($27 and $52) for 1,000 minutes, also only to land lines and O2 cells. The third and final option weighs in at £30+ ($54+), and nets you an unlimited number of calls.

Details (including add-ons) after the break.