Updated 27 Jul 2008: iPhone sold unlocked in HK
You can get the iPhone, with some kind of plan, and use it across any other telco network. The cons however will be that some features of the iPhone will not work well on other networks. The iPhone requires some new features that the carrier might not have, so it might not work as well.
It will be interesting once Singtel announces its plans...
Latest news however says that only selected iPhone 3G phones are unlocked in certain countries. Today's newspaper stated that the HK iPhone 3G is unlocked. However, in other countries, it may be locked.
Translated, that means the locking of the phones has shifted from Apple to the carrier itself. The carrier can decide whether to lock it or not. So if you've encountered a locked iPhone 3G, it's not the fault of Apple, but the fault of the carrier.
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