Great phone - Great Price
The website states that
"By using reconditioned or clearance stock, we are able to offer you even greater savings.
These mobile phones are either ex-demonstration, trial or mail order returned. For your peace of mind, each and every handset has been quality inspected by our engineers & reconditioned if necessary. Each handset also comes with a full years manufacturers warranty.
Please note that reconditioned products are repackaged once tested and do not come in the original box. We can ONLY guarantee that the handset, battery, manual and charger will be included."
However - half the normal price. I have been told by CPW staff that most of their phones are unlocked.