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thing is you haven't checked the unit if it has dead pixel open and unbox to check this is a mandatory for apple products..
also if it has signal as well
then you haven't checked if what IOS 4 it is installed to...if it comes with 4.0.1 or 4.0.0 or 4.0.2
if it did came with 4.0.2 this unit is certainly too much...4.0.2 cannot be unlocked..it will take 1 month before unlocking software could be released..
if you can pls re specify what firmware it is installed to so there would be no discrepancy with the product plus giving a thought on lowering the price..IMO only