Its a step in the right direction. AT&T has finally givin somewhat a break to new and existing customers looking to get out of their contracts.
enables new and renewing subscribers to have their $175 ETF drop by $5 each month they stick with the carrier and pay their bill.
and there is also this disclaimer:
One disclaimer to keep in mind, however, is that this offer is extended only to those who renew or activate contracts as of today; customers who began or upgraded prior to May 25, 2008 will not qualify for this offer.
AT&T's prorated ETF is live for new / renewing customers - Engadget
AT&T Now Offering Prorated ETFs » Unwired View