Do you have your eye on a cool phone but it's with another carrier? How about a new iPhone or Blackberry 8800? How can you scrap your existing contract without paying that dreaded cancellation fee? Check out a service called CellSwapper. CellSwapper offers the possibility of trading or transferring the service you currently have to another person, thereby avoiding a cancellation penalty.
It is an interesting concept but how long will the cell phone carriers allow this? Nobody knows but it's worth a look. Check out the video for the details.