Verizon Prepaid Cell Phones versus a Contracted cell phone?

Verizon Prepaid Cell Phones versus a Contracted cell phone?
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They do offer prepaid and there is no contract to sign. There are many to choose from also. http://www.mobile-phones-uk.org.uk/sony-ericsson-k300i.htm
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Are Verizon phones still on sale at Best Buy?

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