Just been scanning the CPW site and have been hankering after an Incredible S for a while now... checked the prices and on their own brand provider, TALKMOBILE you can get a 12 month deal at £20 per month + a £239.99 upfront cost for handset. £55 Quidco is available I believe so this baby could end up costing you only £425 in total.
If (like me!) you already have a Desire or similar and you are looking to go to the next level you could also cash that in for £145 which would make the cost only £285! I'm just going to order mine now I think! Obviously this relates to a narrow audience but I really do think that at the full £480 this is a stonking deal for an awesome new device.
Hope my first deal post gets some heat! ENJOY :)