Radio Shack Cut iPhone Price by $30?

According to Engadget, Radio Shack is apparently in the process of dropping the price of the iPhone by $30, latest by tomorrow. Radio Shack is planning to reduce the cost of AT&T 16GB iPhone 4 to $169.99 i.e. a $30 discount which comes with a two year contract from $199.99. Even the 32 GB model…