iPhone 4 just released a few days back. It runs on something called Micro-SIM, that’s smaller version of MINI-SIM. Micro-SIM isn’t available in most of the countries yet, so people buying their phones here and taking it to their countries will have to cut the MINI-SIM into a MICRO-SIM to make it work.
Apparently that works and there is a gadget which does just that. The gadget is called MICRO-SIM cutter and looks a lot like a stapler.
Just put your MINI-SIM in it, punch it and, voila! You have your MICRO-SIM ready to use. Price of MICRO-SIM Cutterranges between $25 and $45 depending upon where you buy it from.
There are quite a few available on e-bay or you can order one from CutMySim as well. None of the orders will be shipped before June 30th. Also, the badges that are supposed to ship on June 30th are all sold out. So, if you order one now you will get it towards the end of July or in early August.